Ajeng obtained her law degree from Universitas Gadjah Mada, with the cum laude honor. She was one of the most outstanding students in her class.

During her career, Ajeng has handled local and multinational companies in dealing with transactions and advisories on mergers & acquisitions, banking & finance, anti-trust, foreign investment, general corporate matters, infrastructure, and intellectual property rights. She participated in a major acquisition of shares in a government-controlled toll road company in Indonesia by a major toll road company with a transaction value of approximately Rp1.7 trillion.

Ajeng is a licensed Advocate and a member of the Indonesian Advocates Association (PERADI). Ajeng is also a member of the Indonesian Competition Lawyers Association (ICLA).

Ajeng Ayuningtyas

Associate
+62 21 5082 0999

ajeng@umbra.law

Practice Focus

Corporate, Investment, and Anti-Trust

 

Sub-Practice & Industry

Private M&A, Foreign Investment, Restructuring, Corporate Governance, Infrastructure, and Intellectual Property Rights

 

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).

Mergers and Acquisitions

  • Representing PT PLN (Persero) in its acquisition of a 300 MW power plant company through competitive bidding process (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;
  • Representing PT Bank Negara Indonesia Tbk. in conducting legal due diligence of a timber wood group company;
  • Representing Sumitomo Corporation in the acquisition of shares in various Indonesian media buying and data processing companies;
  • Representing a subsidiary of a state-owned enterprise in conducting legal due diligence for the acquisition of a logistic company;
  • Representing PT Grand Mineral Asia in the acquisition of shares in Indonesian mining company;
  • Representing Zenith Energy Ltd. in the acquisition of shares in Indonesian oil and gas company;
  • Representing a global luxury hotel group in the acquisition of shares in eight (8) five-star hotels in Indonesia;
  • Representing an Indonesian toll road company in the acquisition of shares in various Indonesian toll road companies;
  • Advising on framework and structure for various mergers and acquisitions, and restructuring transactions; and
  • Drafting and preparing conditional sale and purchase of shares agreement, shareholders agreements, shares subscription agreements, shareholders loan agreements, joint venture agreements, etc.

 

Competition Law and Anti-trust

  • Advising a Japanese company in relation to the antitrust compliance and regulatory matters;
  • Advising one of the world’s leading companies of trucks, buses, construction equipment and marine and industrial engines in relation to the antitrust compliance and regulatory matters;
  • Advising a Japanese company in relation to the antitrust compliance of the proposed merger transaction between its two subsidiaries in Indonesia, including the feasible structure under applicable laws and regulations;
  • Advising a Singapore company in relation to the antitrust compliance issues;
  • Advising a prominent Japanese company engaged in the hygiene products manufacturing in relation to antitrust queries for a proposed acquisition transaction of an Indonesian target company engaged in the similar manufacturing activity;
  • Advising a Japanese company in relation to antitrust issue relating to post-acquisition notification and merger control matter, including the submission of the relevant notification of the acquisition and the merger transaction;
  • Representing a Japanese company in conducting antitrust merger filing to the KPPU;
  • Advising local and multinational companies in relation to the new regulation on asset acquisition; and
  • Advising local and multinational companies in relation to the 2020 KPPU Guidelines on Assessment for Merger, Consolidation, and Acquisition.

 

Legal Retainer Services/General Advice

  • Representing an Indonesian leading tech company in providing legal advice and Day-to-Day agreements related to its business activities (consumer, driver, and merchant applications);
  • Representing an Indonesian telecommunication company in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing a multinational media and digital marketing communications company in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing an Indonesian digital marketing agency in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing one of Indonesia’s leading marketing communication company in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing a multinational company from Germany engaged in cosmetics and medical devices in providing legal advice and Day-to-Day agreements related to its business activities including numerous promotion campaign for its products;
  • Representing Qatar airlines company in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing Japan airlines company in providing legal advice and Day-to-Day agreements related to its business activities; and
  • Representing a multinational company from South Korea engaged in logistics and freight-forwarding in providing legal advice and Day-to-Day agreements related to its business activities.

 

Banking and Finance

  • Representing a Singapore aircraft company and an Indonesian shipyard company in the securitization of its assets in relation to a loan facility from a Hongkong bank;
  • Representing PT Sarana Multi Infrastruktur (Persero) in its Rp248 billion term loan facility to an Indonesian power plant company;
  • Representing PT Sarana Multi Infrastruktur (Persero) in its Rp60 billion term loan facility to an Indonesian power plant company;
  • Representing various banks in Singapore and Hong Kong (DBS Bank Ltd, Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited, Chailease International Financial Services Co. Ltd) in relation to numerous credit facilities granted to Indonesian and Singapore borrowers for vessels construction and procurement; and
  • Advising various companies in relation to the Limited Participation Fund (Reksa Dana Penyertaan Terbatas or RDPT).
ABOUT

Ajeng obtained her law degree from Universitas Gadjah Mada, with the cum laude honor. She was one of the most outstanding students in her class.

During her career, Ajeng has handled local and multinational companies in dealing with transactions and advisories on mergers & acquisitions, banking & finance, anti-trust, foreign investment, general corporate matters, infrastructure, and intellectual property rights. She participated in a major acquisition of shares in a government-controlled toll road company in Indonesia by a major toll road company with a transaction value of approximately Rp1.7 trillion.

Ajeng is a licensed Advocate and a member of the Indonesian Advocates Association (PERADI). Ajeng is also a member of the Indonesian Competition Lawyers Association (ICLA).

Ajeng Ayuningtyas

Associate
+62 21 5082 0999

ajeng@umbra.law

Practice Focus

Corporate, Investment, and Anti-Trust

 

Sub-Practice & Industry

Private M&A, Foreign Investment, Restructuring, Corporate Governance, Infrastructure, and Intellectual Property Rights

 

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).
REPRESENTATIVE DEALS

Mergers and Acquisitions

  • Representing PT PLN (Persero) in its acquisition of a 300 MW power plant company through competitive bidding process (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;
  • Representing PT Bank Negara Indonesia Tbk. in conducting legal due diligence of a timber wood group company;
  • Representing Sumitomo Corporation in the acquisition of shares in various Indonesian media buying and data processing companies;
  • Representing a subsidiary of a state-owned enterprise in conducting legal due diligence for the acquisition of a logistic company;
  • Representing PT Grand Mineral Asia in the acquisition of shares in Indonesian mining company;
  • Representing Zenith Energy Ltd. in the acquisition of shares in Indonesian oil and gas company;
  • Representing a global luxury hotel group in the acquisition of shares in eight (8) five-star hotels in Indonesia;
  • Representing an Indonesian toll road company in the acquisition of shares in various Indonesian toll road companies;
  • Advising on framework and structure for various mergers and acquisitions, and restructuring transactions; and
  • Drafting and preparing conditional sale and purchase of shares agreement, shareholders agreements, shares subscription agreements, shareholders loan agreements, joint venture agreements, etc.

 

Competition Law and Anti-trust

  • Advising a Japanese company in relation to the antitrust compliance and regulatory matters;
  • Advising one of the world’s leading companies of trucks, buses, construction equipment and marine and industrial engines in relation to the antitrust compliance and regulatory matters;
  • Advising a Japanese company in relation to the antitrust compliance of the proposed merger transaction between its two subsidiaries in Indonesia, including the feasible structure under applicable laws and regulations;
  • Advising a Singapore company in relation to the antitrust compliance issues;
  • Advising a prominent Japanese company engaged in the hygiene products manufacturing in relation to antitrust queries for a proposed acquisition transaction of an Indonesian target company engaged in the similar manufacturing activity;
  • Advising a Japanese company in relation to antitrust issue relating to post-acquisition notification and merger control matter, including the submission of the relevant notification of the acquisition and the merger transaction;
  • Representing a Japanese company in conducting antitrust merger filing to the KPPU;
  • Advising local and multinational companies in relation to the new regulation on asset acquisition; and
  • Advising local and multinational companies in relation to the 2020 KPPU Guidelines on Assessment for Merger, Consolidation, and Acquisition.

 

Legal Retainer Services/General Advice

  • Representing an Indonesian leading tech company in providing legal advice and Day-to-Day agreements related to its business activities (consumer, driver, and merchant applications);
  • Representing an Indonesian telecommunication company in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing a multinational media and digital marketing communications company in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing an Indonesian digital marketing agency in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing one of Indonesia’s leading marketing communication company in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing a multinational company from Germany engaged in cosmetics and medical devices in providing legal advice and Day-to-Day agreements related to its business activities including numerous promotion campaign for its products;
  • Representing Qatar airlines company in providing legal advice and Day-to-Day agreements related to its business activities;
  • Representing Japan airlines company in providing legal advice and Day-to-Day agreements related to its business activities; and
  • Representing a multinational company from South Korea engaged in logistics and freight-forwarding in providing legal advice and Day-to-Day agreements related to its business activities.

 

Banking and Finance

  • Representing a Singapore aircraft company and an Indonesian shipyard company in the securitization of its assets in relation to a loan facility from a Hongkong bank;
  • Representing PT Sarana Multi Infrastruktur (Persero) in its Rp248 billion term loan facility to an Indonesian power plant company;
  • Representing PT Sarana Multi Infrastruktur (Persero) in its Rp60 billion term loan facility to an Indonesian power plant company;
  • Representing various banks in Singapore and Hong Kong (DBS Bank Ltd, Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited, Chailease International Financial Services Co. Ltd) in relation to numerous credit facilities granted to Indonesian and Singapore borrowers for vessels construction and procurement; and
  • Advising various companies in relation to the Limited Participation Fund (Reksa Dana Penyertaan Terbatas or RDPT).