Congratulations to Reku (Rekeningku), a leading Indonesia-based crypto trader, for their successful Series A fund raising with an investment value of approximately USD11 million. The funding was led by AC Ventures with participation from Coinbase Ventures and Skystar Capital. Founded in 2017, Rekeningku has been...
Huge congratulations to PT Sarana Multi Infrastruktur (Persero) and PT Optima Tirta Energy for the signing of the facility agreement to finance the development of Tongar mini-hydro power plant located in Kajai, West Sumatra (PLTM Tongar) which is not only expected to contribute to the achievement of...
Congratulations to PT Telekomunikasi Indonesia (Persero) Tbk. (Telkom), PT Telkom Data Ekosistem (TDE) and PT Sigma Cipta Caraka (SCC) for the completion of the largest Indonesian data center and IT services restructuring transaction with a total deal value of IDR6.7 trillion. The deal was especially complex...
Congratulations to PT Telekomunikasi Selular (Telkomsel) for completing the IDR10.28 trillion sale & lease back of its 6,000 telecommunication towers to PT Dayamitra Telekomunikasi Tbk and development of new BTS towers. Not only that the deal breaks another record in terms of value (being the...
On 28 June, our Senior Associate from the Litigation and Alternative Dispute Resolution team, Nikki Krisadtyo, moderated and spoke at the first in-person ICC Arbitration Young Arbitrators Forum (ICC YAF) event in Indonesia on “X-Factor: Choosing the Right Forum for Indonesian Business Disputes” at Alila SCBD. Nikki was...
Congratulations to PT Telkom Indonesia (Persero) Tbk and Microsoft for kicking off the strategic partnership! Led by Pramudya A. Oktavinanda, our Managing Partner and Head of M&A, TMT and Restructuring practice group, assisted by Dhea G. Pramesti and Rahma H. Amalia, we are proud to assist...
Dear Friends and Colleagues, The holy month has passed and the day of victory has come to us. May this Eid bring lots of happiness, joy, and grace your home with warmth and peace. Eid Mubarak to all! Warm wishes from everyone at UMBRA – Strategic Legal...
We are delighted to announce the recent success of our Litigation & Alternative Dispute Resolution team in representing a garment factory of a global fashion retailer in an industrial relations dispute. The claim was filed by a litigious group that has previously sued the company. After...
Congratulations to PT Mahkota Pratama and PT Indonesia VIP for the signing of the Share Sale and Purchase Agreement with ASDP, a State-Owned ferry operator, for the acquisition of PT Jembatan Nusantara by ASDP. Through this transaction, ASDP will have 53 additional ships and therefore...
Congratulations to PT PLN (Persero) and the consortium of Medco Power Indonesia and Solar Philippines, for the signing of two Power Purchase Agreements (PPAs) for the development of Solar Power Plant in West and East Bali, with a total capacity of 2 x 25 MWp. Led by our Senior Partner Kirana Sastrawijaya and...