Kudun and Partners advise two Thai realty IPOs

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Thai law firm Kudun and Partners advised property developer Assetwise’s business restructuring and THB1.28 billion (US$40.7 million) IPO on the Stock Exchange of Thailand (SET). The company’s share price jumped 20% on debut.

The Bangkok-based firm also represented construction company Prosper Engineering in its listing on the Market for Alternative Investment, a stock exchange established by the SET as an alternative for small and medium-sized enterprises. The IPO raised THB270 million (US$ 8.62 million).

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