Deals

September 29, 2023 In Deals

Successfully Representing a Property Developer in a IDR260 billion Property Acquisition Dispute at BANI

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]We are delighted to share the recent success of UMBRA's Litigation & Alternative Dispute Resolution team in representing a prominent property developer in a significant BANI arbitration case involving the sale and purchase of a beachfront hotel in...

September 7, 2023 In Deals

The Signing Ceremony of Land Lease Agreement on SEZ Sanur Project Cooperation between PT Hotel Indonesia Natour (HIN) and PT Bluecross Medika Internasional

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]Congratulations to PT Hotel Indonesia Natour (HIN) and PT Bluecross Medica International (group of PT Euromedica Indonesia) for the signing of the Land Lease Agreement for the cooperation of 5000m2 of land in the Sanur Special Economic Zone,...

August 30, 2023 In Deals

The ground-breaking of TMAI’s plant in Kendal Industrial Park

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]Congratulations to PT Daya Sukses Makmur Selaras (SinarMas Group), TrinaSolar and PT Agra Surya Energi as the shareholders of PT Trina Mas Agra Indonesia (TMAI) on the ground-breaking of TMAI’s plant in Kendal Industrial Park. The plant will...

August 16, 2023 In Deals

Resounding Victory in Representing an Indonesian State-Owned Project Owner against a Subsidiary of a Chinese State-Owned Enterprise at BANI

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]We are pleased to announce the recent triumph of our Litigation & Alternative Dispute Resolution team in representing an Indonesian state-owned project owner as a claimant in an arbitration against a prominent subsidiary of a Chinese state-owned enterprise...

August 10, 2023 In Deals

Another Successful Securities Arbitration at LAPS SJK – Representing the Indonesian Branch of a Multinational Securities Company in Fully Recouping Damages Arising from Unsettled Stock Transactions

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]We are pleased to announce the recent success of our Litigation & Alternative Dispute Resolution team in representing the Indonesian branch of a multinational securities company as a claimant in an arbitration against a customer before the Financial...

August 3, 2023 In Deals

The signing of the Power Purchase Agreement (PPA) for development of the Solar Power Plant in Belinyu, Bangka Belitung (PLTS Belinyu)

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]Government participation in the supply and utilization of new energy and renewable energy has an essential role in increasing the national energy strength and implementation of energy conservation. In 2017, the Minister of Energy and Mineral Resources of...

July 28, 2023 In Deals

The signing of the Amendment of PPA between PT Energi Listrik Batam and PLN Batam and the signing of EPC Contract for the conversion of Simple Cycle Power Plant (SCPP) at Tanjung Uncang, Batam into a Combined Cycle Power Plant (CCPP)

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]Congratulations to the parties for the signing of the Amendment of Power Purchase Agreement (PPA) between PT Energi Listrik Batam and PLN Batam and the signing of Engineering, Procurement, and Construction (EPC) Contract for the conversion of Simple...

May 8, 2023 In Deals

The Signing of the PPA for Development of the 70 MW Wind Power Plant with 10 MW/10MWh Battery Energy Storage System (BESS) in Tanah Laut, South Kalimantan

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]Congratulations to PT PLN (Persero), Total Eren, PT Adaro Energy Indonesia Tbk, and PT PJB Investasi for the signing of the Power Purchase Agreement (PPA) for development of the 70 MW Wind Power Plant with 10MW/10 MWh Battery Energy Storage System (BESS) in...

April 10, 2023 In Deals

Acquisition of Soekarno-Hatta Airport Rail Business by PT Kereta Commuter Indonesia

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]We are thrilled to have been involved in the successful acquisition of the Soekarno-Hatta airport rail business by PT. Kereta Commuter Indonesia (KCI), from PT Railink (Railink). Led by our Merger & Acquisition, Restructuring, and Special Situations Partner, Pramudya...

February 16, 2023 In Deals

Assisted PT Sentul City Tbk (BKSL) in its IDR5 Trillion Rights Issue

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]We are delighted to announce the succesful completion of this long-awaited corporate action where Ahmad Zakaria, our Senior Partner, and Paula Aprijanto, our Senior Associate, have assisted PT Sentul City Tbk’s (BKSL) IDR5 Trillion Rights Issue. This deal...