6 Months Milestone of UMBRA

On 1 May 2018, UMBRA reached its 6 months milestone. It has been a great ride so far and we want to share and reflect on our progress and achievements within such a short period.

In terms of transactions, we have been trusted with more than 60 major projects, and last week was a busy one as we: (i) closed the takeover of 2 foreign companies by Telkom group and acquisition of telecommunication towers by a prominent telecommunication company, (ii) completed our work for the establishment of the Indonesian Oil and Gas Holding State-Owned Enterprise, and (iii) started our work for the proposed acquisition of PT Pertagas by PGN as officially announced in its meeting of shareholders.

Separately in the same week, our other Partners were also busy in various events and seminars including Petromindo’s Mining Legal Conference on the latest amendment to the Minister of Energy & Mineral Resources regulation on power purchase agreement, seminar on career management for aspiring students at University of Indonesia, and celebration of our cooperation with OLP.

Of course, this is just the beginning as the path to excellence is a long & winding road. We are grateful for all the support given by our clients and we hope to continuously provide exceptional services for them!