Practice Focus

Corporate, Projects & Energy

 

Sub-Practice & Industry

M&A, General Corporate, Industry and Manufacturing, Real Estate & Property, Power, Energy, and Plantation.

 

Language

Indonesian & English

Enrico Denis Sihotang

ASSOCIATE

+62 21 5082 0984

enrico@umbra.law

Enrico Denis Sihotang is an Associate of UMBRA – Strategic Legal Solutions. He has involved in various research, legal memos, due diligences and transactions involving merger & acquisitions, general corporate matters, foreign investment, and energy & natural resources.

PROFILE DETAILS

Education

  • Member of the Association of Indonesian Advocates
  • University of Indonesia, Bachelor of Laws (SH) (2015)

 

Honors

  • Top 5 finalist of outstanding student award of Faculty of Law University of Indonesia (2014)
  • Awardee of Bank Mandiri Full Scholarship for 1 Semester that granted for student that has achievement for academic and organization activities (2014)

REPRESENTATIVE DEALS

M&A

  • Representing a listed pharmacy company in its proposed acquisition of a prominent local F&B company (ongoing)
  • Representing a listed pharmacy company in its proposed acquisition of four hospital group companies (ongoing)
  • Representing a listed pharmacy company in its proposed acquisition of local pharmacy company (2018 – on going)
  • Representing large PRC insurance group companies in the acquisition of stake of local insurance company (on going)
  • Representing a major Indonesian telecommunication company in its proposed acquisition of a major local tech market place company (ongoing).
  • Representing Government of Singapore Investment Corporation (“GIC”), a singapore’s sovereign wealth fund in the acquisition of stake PT Raharja Mitra Familia, a subsidiary company of PT Intiland Development Tbk for integrated mixed-use and high-rise development project in Jakarta (2017);
  • Representing DiethelmKellerSiberHegner (“DKSH”), a swiss market expansion group, in the acquisition of majority stake in PT Wicaksana Overseas International Tbk, a public listed company which engages in distribution services of consumer goods and pharmaceutical products; (2017);
  • Representing the Toppan Group, in the acquisition of majority stake in PT Plasindo Lestari, an Indonesia manufacturing company of packaging materials (2017);
  • Representing Qiming Ventures Pte Ltd in the acquisition of stake in Akulaku Group, an Indonesia e-commerce platform and online financial services (2017);
  • Advising and assisting Samko Timber Group for merger transaction that involves the 7 subsidiaries companies of PT Sumber Graha Sejahtera (2017);
  • Representing GIC, in the acquisition of stake PT Putra Sinar Permaya, a subsidiary company of PT Intiland Development for integrated mixed-use complex South Quarter development (2016);
  • Representing China Fortune Land Development Ltd, a Chinese state owned company, in the proposed acquisition of stake of subsidiary of a top real estate developer company in Indonesia (2016-2017); and
  • Representing Warburg Pincus (Singapore) Pte Ltd in the acquisition of stake in GO-JEK Group, an Indonesia Indonesia’s leading on demand mobile platform (2016).

 

General Corporate

  • Representing the largest fast moving consumer goods for handling their general corporate matters based on Indonesia regulations (ongoing)
  • Advising one of the biggest app hailing ride company in Indonesia for proposed activity of transporting liquid natural gas to consumer (2018)
  • Representing Tokopedia for handling foreign direct investment matters, in particular to 3 Hours Investment License application services in BKPM (2017);
  • Advising and assisting PT Google Indonesia for corporate secretarial services, in particular to compliance to corporate administration and BKPM matters (22016-017);
  • Advising and assisting PT Red Hat Indonesia for corporate secretarial services to compliance of corporate administration (2016-2017);
  • Advising and assisting The Trade Desk Pte Ltd for its establishment of representative office in Indonesia as well as their general licenses application (2016-2017);
  • Advising and assisting Tung Feng Pte Ltd for its establishment of construction services company and its license application in BKPM (22016-017).
  • Advising and assisting Roquette Pte Ltd for its establishment of representative office in Indonesia as well as their general licenses application (2016-2017); and
  • Advising and assisting PT Provident Agro Tbk on its sales of stakes in four plantation companies namely, PT Global Kalimantan Makmur, PT Semai Lestari, PT Saban Sawit Subur, dan PT Nusaraya Permai (2016-2017).

 

Power and Infrastructure

  • Representing Indonesia Power in the drafting and negotiation of contracts for development of the 120 MW and additional 20 MW in Papua and Natuna Package 1 and Package 2 (ongoing)
  • Representing an international developer for development of 15MW solar power project in Manado (ongoing)
  • Representing project company for development of the 800 MW Sumbagut 1,3,4 combined cycle gas to power project (ongoing)
  • Representing Asia Development Bank in the financing of 72 MW wind power plant in South Sulawesi Indonesia (2017);
  • Representing Asia Development Bank in the financing of solar power plant in West Nusa Tenggara Indonesia (2017).
  • Representing a group of banks in the US$ 191 million financing of a hydroelectric power plant project in Lampung Indonesia; (2016)
  • Representing Star Energy Geothermal as buyer in its acquisition of two geothermal power plants from Chevron in Salak and Darajat area (2016)-2017;
  • Representing Korea Trade Insurance Group and a group of commercial bank in the US$ 211 million financing of a hydroelectric power plant project in North Sumatera Indonesia (2016-2017);
  • Advising and assisting MRT Jakarta on the development of Jakarta underground railway system as well as land relinquishment and compensation (2016-2017).

 

Capital Market and Securities

  • Representing PT Duta Inti Daya in the company Initial Public Offering (2016).

 

Others

  • Representing Country Garden, a company listed on the Hong Kong Stock Exchange on its several land projects in Indonesia, particulary in South Tangerang and Bali by conducting due diligence on the ownership of the land spots and preparing joint venture agreement as well as conditional sale and purchase agreement (2017);
  • Representing CCCG Overseas Real Estate Pte. Ltd in relation to acquisition of several land plots in South Jakarta by way of conducting legal due diligence on land plots (2017);
  • Representing a japan basis company, in land acquisition of 2 hectares of land in Cikarang Indonesia (2017);
  • Representing China Fortune Land Development in land acquisition of 1,700 hectares of land in relation to the development of biggest satellite city in Indonesia by conducting due diligence on the ownership of the land spots and preparing conditional sale and purchase agreement (2016);
  • Representing PT Lotte Chemical Indonesia in land acquisition of 47 hectares of land in relation to the development of biggest chemical plan in South East Asia (2016);and
  • Representing PT Indosat, Tbk in a claim in state administrative court against the Ministry of Communications and Informatics in connection with underpaid spectrum frequency usage costs (2016).