ABOUT RUNGTIP SATHIENRAPABAYUT
Head of Corporate Department
Profile
Rungtip Sathienrapabayut
Senior Associate
Rungtip is the combination of legal and business minds roll into one. She had received two distinguish degrees in law and business from a reputable Thai university. Through sheer dedication and hard-work, she has earned her reputation among the Thai Bar Association as an extra-ordinary member and a rising star member.
For over two decades long, she had assisted clients in countless M&A and JV deals, as well as, advising the restructuring of company businesses to comply with the local laws and regulations. Her unmatched skills lie within her ability to uniquely blend legal and business practices together, whether be obtaining foreign business licenses or launching initial public offering (IPO). Throughout her year of services, she has maintained her perfect record and never fail to accomplish her tasks.
With her strong background in corporate practice, she oftentimes acts as a guest speaker to both law and business students at local universities. Moreover, she is also spearheading the forum on Corporate the Legal Counsels organized by Asia Business Forum.
Education
Member
Languages
Thai and English
Notable Achievements and Activities
- Rungtip has continuously assisted the subsidiary of the Tamasek group (ST Electronics Thailand Limited), a mechanical & electrical system engineering service provider which is responsible for overseeing the operations of local transit system. This include obtaining foreign business licenses for the projects since 2014 for the Bangkok’s sky train (BTS), and Bangkok subway’s Mass Rapid Transit Authority of Thailand (MRT).
- Rungtip had also assisted countless listed Thai companies on corporate secretarial works and general corporate advices, her notable clients are such as: Esso (Thailand) Public Company Limited, All Inspire Development Public Company Limited, and various subsidiaries under MakeMyTrip Group of Companies in Thailand.
- Ms. Rungtip had assisted ABP Induction Limited, one of the biggest leading suppliers of induction furnaces and heating systems in the metals and metalworking industry in obtaining a foreign business license. She also handled the takeover transition from an American owner to a Japanese owner. This was a complex case since the company relied on privileges obtained under the US-Thai Treaty of Amity and Economic Relations as an American wholly owned company. The takeover by the Japanese caused a change in the previously obtained privileges, major concern was raised as the company’s operation may have to be hauled until a new foreign business license had been obtained. The undisrupted operation was the primary concern for the client. In normal circumstances, the Japanese takeover would trigger a change of foreign business license, also a crucial part of the Conditions Precedent in the Share Sale and Purchase Agreement. Whereas, other experts had dubbed this as an “impossible” deal. Notwithstanding, Ms. Rungtip stood her ground and fought to timely obtain the elusive foreign business license (said to be impossible) before the execution of the SPA. With her dedication, experience and quick-wit, she had smoothly handled this case without the without the company having to cease operation during the transition period. As a result, an official foreign business license will later be issued to the company once it is transformed into a non-treaty foreign-owned company under the Foreign Business Act 1999.
Other Activities
- Lecturer for MBA program at Kasetsart University
- Speaker at Conference on “Corporate Legal Counsels Forum’09”, convened by the Asia Business Forum
Practice Areas
Corporate, Foreign Investment & Investment Promotion (BOI), Securities & Capital Market, Dispute Resolution, Real Estate & Factory