Following the completion of Gojek and Tokopedia’s merger, we would like to congratulate Telkomsel for successfully closing its US$450 million equity investment in the combined entity of GoTo involving the conversion of Telkomsel’s initial US$150 million hybrid securities and additional cash injection of US$300 million, being the largest investment to...
Continuing our series of tech and M&A deals, we would like to congratulate LinkAja and Telkomsel for the successful closing of the first phase of LinkAja’s Series B round with an investment value of around USD100 million, adding Grab as a strategic investor in LinkAja. The Series B fundraising and strategic collaboration...
We are proud and pleased to represent Telkomsel in its historic USD150-million strategic investment in and strategic collaborations with Gojek. Not only that this deal marks an important milestone for Telkomsel in its transformation to become a leading digital technology company in Indonesia, it is also the first...
Huge congratulations to PT. Dayamitra Telekomunikasi (Mitratel) for completing the IDR10.3 trillion sale and leaseback transaction of 6,050 telco towers from Telkomsel, the largest telco assets deal in South East Asia to date. Supporting Mitratel’s journey of becoming the leading and largest tower company in Indonesia and South East...
UMBRA - Strategic Legal Solutions has again been recognized by IFLR 1000 on its 2020 rankings for leading Indonesian law firms & lawyers. In less than 2 years, our firm broke through the Tier 2 rank in Restructuring & Insolvency and is recommended in the...
Congratulations to Telkom Indonesia and PT. Dayamitra Telekomunikasi (Mitratel) for the acquisition & lease back of 2,100 telecommunication towers of Indosat Ooredoo which was carried out through a highly competitive bidding process involving prominent players in the industry. The transaction signifies a major milestone for...
As a furtherance to Government Regulation No. 24 of 2018 on Online Single Submission (“OSS”) Services (“GR 24/2018”), the Head of the Investment Coordinating Board (“BKPM”) has recently issued Head of BKPM Regulation No. 6 of 2018 on Guidelines and Procedures for the Implementation of...