Ajeng Ayuningtyas (Ajeng) obtained her law degree from Universitas Gadjah Mada with cum laude honor and was one of the most outstanding students in her class.
She has been trusted to handle some of UMBRA’s most complex M&A deals in the power and energy sector, particularly for the acquisition of a 300MW power plant asset for the supply of electricity in Rokan Oil Block by PT PLN (Persero) and also the proposed establishment of one the largest geothermal power companies in the world via complex spin-off and transfer of major power plant assets.
She is also well experienced in special situation works, including in the structuring of the Energy Transition Mechanism platform for retiring coal power plants in Indonesia via complex acquisition of power plant assets and refinancing of project loans, another unprecedented deal managed by UMBRA demonstrating our innovative thinking in getting things done.
Ajeng is a member of the Indonesian Advocates Association (PERADI) and Indonesian Competition Lawyers Association (ICLA).
Practice Focus
M&A, Restructuring, and Anti-Trust
Sub-Practice & Industry
Private M&A; Corporate and Debt Restructuring; Foreign Investment, Corporate Governance; State- Owned Enterprises; Power, Energy & Infrastructure; Intellectual Property
Language
Indonesian & English
Education
- Universitas Gadjah Mada, Faculty of Law, Bachelor of Laws – cumlaude (2015).
Professional Affiliations
- Member of the Association of Indonesian Advocates (PERADI).
- Member of the Indonesian Competition Lawyers Association (ICLA).
Honors & Awards
- Best Outstanding Student – Faculty of Law, Universitas Gadjah Mada (2015).
- Runner up of Supreme Court Decision Analysis Competition held by Supreme Court of the Republic of Indonesia (Mahkamah Agung Republik Indonesia) and the Australia Indonesia Partnership for Justice (AIPJ) (2014).
- Champion of National Debate Competition and Scientific Paper Writing held by Universitas Brawijaya (2013).
- Champion of National Moot Court Competition held by ALSA Indonesia (2012).
Mergers and Acquisitions
- Representing PT PLN (Persero) (PLN) and PT Indonesia Power in the proposed geothermal asset consolidation to establish the one of the largest geothermal companies in the world which involves spin-off of their geothermal assets and liabilities into new holding company (ongoing).
- Representing PLN’s proposed acquisition of PT Mandau Cipta Tenaga Nusantara (MCTN), an Indonesian power company with a 300MW power plant asset for the supply of electricity in Rokan Oil Block, Indonesia (2021).
- Representing a Japanese construction company in the acquisition of shares in an Indonesian construction company.
- Representing a Japanese manufacturing company in the acquisition of shares in an Indonesian manufacturing company.
- Representing a Japanese trading company in the acquisition of shares in an Indonesian manufacturing company.
- Representing Mitsui Group in the acquisition of shares in an Indonesian manufacturing company.
- Representing a United Kingdom company engaged in industry-leading products and services for the renewable, nearshore construction, and oil and gas sectors across all phases of the lifecycle in the divestment of shares in an Indonesian company.
- Representing PT Astra Tol Nusantara (Astra Infra) in its Rp1.7 trillion acquisition of shares in a government-controlled toll road company in Indonesia.
- Representing PT Astra Tol Nusantara (Astra Infra) in the acquisition of shares in an Indonesian toll road company.
- Representing Kerry Logistics Network Limited in a joint venture for the establishment of an Indonesian freight forwarding company.
- Peer Group Discussion and Sharing Session with PT Pembangkit Jawa Bali on the Implication of Omnibus Law in the Construction Services (2020).
- Long-Awaited Omnibus Law Finally Enacted – Published as a client alert (2020).
- Changes to Competition Law under Omnibus Law – Published as a client alert (2020).
- Changes to Investment Law under Omnibus Law – Published as a client alert (2020).
- Omnibus Law Amends Provisions under Company Law to Empower Micro, Small, and Medium Business – Published as a client alert (2020).
- New Regulation on COVID-19 Vaccines Procurement – Published as a client alert (2020).
- Handling COVID-19 Outbreak in Construction Services Sector – Published as a client alert (2020).
- KPPU: Law Enforcement Through Electronic Means – Published as a client alert (2020).
- ABOUT
-
Ajeng Ayuningtyas (Ajeng) obtained her law degree from Universitas Gadjah Mada with cum laude honor and was one of the most outstanding students in her class.
She has been trusted to handle some of UMBRA’s most complex M&A deals in the power and energy sector, particularly for the acquisition of a 300MW power plant asset for the supply of electricity in Rokan Oil Block by PT PLN (Persero) and also the proposed establishment of one the largest geothermal power companies in the world via complex spin-off and transfer of major power plant assets.
She is also well experienced in special situation works, including in the structuring of the Energy Transition Mechanism platform for retiring coal power plants in Indonesia via complex acquisition of power plant assets and refinancing of project loans, another unprecedented deal managed by UMBRA demonstrating our innovative thinking in getting things done.
Ajeng is a member of the Indonesian Advocates Association (PERADI) and Indonesian Competition Lawyers Association (ICLA).
Practice Focus
M&A, Restructuring, and Anti-Trust
Sub-Practice & Industry
Private M&A; Corporate and Debt Restructuring; Foreign Investment, Corporate Governance; State- Owned Enterprises; Power, Energy & Infrastructure; Intellectual Property
Language
Indonesian & English
- PROFILE DETAILS
-
Education
- Universitas Gadjah Mada, Faculty of Law, Bachelor of Laws – cumlaude (2015).
Professional Affiliations
- Member of the Association of Indonesian Advocates (PERADI).
- Member of the Indonesian Competition Lawyers Association (ICLA).
Honors & Awards
- Best Outstanding Student – Faculty of Law, Universitas Gadjah Mada (2015).
- Runner up of Supreme Court Decision Analysis Competition held by Supreme Court of the Republic of Indonesia (Mahkamah Agung Republik Indonesia) and the Australia Indonesia Partnership for Justice (AIPJ) (2014).
- Champion of National Debate Competition and Scientific Paper Writing held by Universitas Brawijaya (2013).
- Champion of National Moot Court Competition held by ALSA Indonesia (2012).
- REPRESENTATIVE DEALS
-
Mergers and Acquisitions
- Representing PT PLN (Persero) (PLN) and PT Indonesia Power in the proposed geothermal asset consolidation to establish the one of the largest geothermal companies in the world which involves spin-off of their geothermal assets and liabilities into new holding company (ongoing).
- Representing PLN’s proposed acquisition of PT Mandau Cipta Tenaga Nusantara (MCTN), an Indonesian power company with a 300MW power plant asset for the supply of electricity in Rokan Oil Block, Indonesia (2021).
- Representing a Japanese construction company in the acquisition of shares in an Indonesian construction company.
- Representing a Japanese manufacturing company in the acquisition of shares in an Indonesian manufacturing company.
- Representing a Japanese trading company in the acquisition of shares in an Indonesian manufacturing company.
- Representing Mitsui Group in the acquisition of shares in an Indonesian manufacturing company.
- Representing a United Kingdom company engaged in industry-leading products and services for the renewable, nearshore construction, and oil and gas sectors across all phases of the lifecycle in the divestment of shares in an Indonesian company.
- Representing PT Astra Tol Nusantara (Astra Infra) in its Rp1.7 trillion acquisition of shares in a government-controlled toll road company in Indonesia.
- Representing PT Astra Tol Nusantara (Astra Infra) in the acquisition of shares in an Indonesian toll road company.
- Representing Kerry Logistics Network Limited in a joint venture for the establishment of an Indonesian freight forwarding company.
- PUBLICATIONS
-
- Peer Group Discussion and Sharing Session with PT Pembangkit Jawa Bali on the Implication of Omnibus Law in the Construction Services (2020).
- Long-Awaited Omnibus Law Finally Enacted – Published as a client alert (2020).
- Changes to Competition Law under Omnibus Law – Published as a client alert (2020).
- Changes to Investment Law under Omnibus Law – Published as a client alert (2020).
- Omnibus Law Amends Provisions under Company Law to Empower Micro, Small, and Medium Business – Published as a client alert (2020).
- New Regulation on COVID-19 Vaccines Procurement – Published as a client alert (2020).
- Handling COVID-19 Outbreak in Construction Services Sector – Published as a client alert (2020).
- KPPU: Law Enforcement Through Electronic Means – Published as a client alert (2020).