Kudun and Partners is pleased to announce its successful representation of Dusit Thani Public Company Limited (DUSIT) in a significant joint venture arrangement valued at approximately THB 570 million. Dusit Thani, a prominent Thai listed company renowned for its expertise in properties, hotels, and residential developments, entered this strategic partnership through its subsidiary, Dusit Hospitality Services Company Limited with a subsidiary company of one of the largest and oldest listed companies in the construction materials sector in Thailand and Southeast Asia. This collaboration aims to develop, construct, and sell or lease residential buildings and villas for a multi-generation living project located in the picturesque Cha-am District of Phetchaburi Province, Thailand, a famous tourist destination.
The negotiation process for this joint venture was intricate, involving detailed discussions and reconciling differing perspectives to reach a mutually beneficial agreement, spearheaded by our partner, Kongkoch Yongsavasdikul. He was ably supported by a dedicated team, including Supatra Kerinsaguna, senior associate, and our associates, Napat Adulyanubap and Thanchon Phetroocheang. Kudun and Partners is proud to have played a pivotal role in facilitating this joint venture, which promises to enhance the residential development landscape in Thailand.
