In another unprecedented move, we are delighted to announce that we receive 11 nominations in ALB South East Asia Law Awards 2021 and 15 nominations in ALB Indonesia Law Awards 2021, including Deals of the Year for M&A, Project Finance and Debt Capital Market, Indonesia...
Huge congratulations to PT. Dayamitra Telekomunikasi (Mitratel) and Telkomsel for the closing of the IDR6.188 trillion sale and lease back of Telkomsel’s 4,000 telco towers by Mitratel. With the completion of this deal, Mitratel has cemented its position as the largest telco tower company in the South East Asia...
Congratulations to PT PLN (Persero) and PT Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), a joint venture between Masdar (Abu Dhabi Future Energy Company) and PT Pembangkitan Jawa Bali Investasi, for achieving the financial closing of the 145 MWac Cirata Floating Photovoltaic Power Plant Project (Cirata Project)...
Congratulations to PT PLN (Persero) for the signing of the Share Sale and Purchase Agreement with Chevron Standard Limited for the acquisition of PT Mandau Cipta Tenaga Nusantara (MCTN) which signing ceremony was also attended by the Minister of Energy and Mineral Resources! This landmark deal will allow...
Huge congratulations to our senior partners, Pramudya A. Oktavinanda, Kirana Sastrawijaya, and Putu Raditya Nugraha, for being recognized in Indonesia’s Top 100 Lawyers by Asia Business Law Journal (ABLJ). The list is curated by ABLJ through its extensive research based on recommendations from thousands professionals, experienced in-house counsel and corporate...
We are excited to announce another deal closing this week with the completion of US$65.5 million Series B investment in TaniHub, an agritech start-up with integrated platforms for B2B e-commerce, logistic, and funding for farmers and agricultural products, by various institutional investors led by MDI Ventures, the...
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...
Led by Pramudya A. Oktavinanda and Melati Siregar, we recently held another seminar for the Mining Industry Indonesia group on the implementation of business judgment rule (BJR) in State-Owned Enterprises (SOE) group corporate actions along with the new formulation of state losses applicable for SOE's subsidiaries under the...
We are incredibly delighted to announce that UMBRA has been recognized as Best Overall Firm in Client Service Excellence for the second time in a row since Asialaw inauguration award in 2020! Pramudya A. Oktavinanda and Putu Raditya Nugraha are also recognized as Indonesia’s Outstanding...
Led by Pramudya A. Oktavinanda and Melati Siregar, we recently held consecutive seminars for the board of commissioners and directors of Pertamina and Indonesia Power group companies on the latest implementation of business judgment rule (BJR) in state-owned enterprises (BUMN) and their subsidiaries' corporate actions and how the...