Kudun and Partners successfully represented the sellers in the landmark sale of 100% of T.P.S. Media Limited (“TPS Media”), one of Thailand’s leading nationwide billboard companies, to Innova Media (International) Co., Ltd. The transaction, valued at THB 650 million, marks a significant milestone in Thailand’s dynamic media and advertising sector.
The team played a pivotal role in navigating the complexities of the transaction, providing comprehensive end-to-end support to ensure its success. The scope of services included transaction structuring, the development of mechanisms for the sale of shares, and a strategic framework for post-sale operations. The team meticulously reviewed and provided in-depth commentary on the Share Purchase Agreement, oversaw the purchaser’s extensive legal due diligence process, and strategically restructured TPS Media’s corporate structure, land ownerships, and land leases across Thailand. This expertise ensured seamless navigation through intricate details, delivering clarity, precision, and value at every stage of the deal.
The project was led by partners Kudun Sukhumananda and Chai Lertvittayachaikul, with key contributions from senior associate Ploy Maneepaksin and associates Kamonrat Kongtheing and Suphatcha Sirilapanan. Their expertise and strategic insights were instrumental in achieving this successful outcome.
