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...
UMBRA's Managing Partner Pramudya A. Oktavinanda will be speaking this coming Saturday at the ILUNI FHUI's Alumni Class Festival where various law firms will discuss some of their recent major deals and the lessons learned from those deals. In this workshop, Pramudya will share his insights on major...
Isu kerugian BUMN dan anak perusahaannya sebagai bagian dari kerugian negara yang berujung pada tindak pidana korupsi kerap menjadi momok bagi manajemen BUMN yang bersangkutan dikarenakan kerugian negara tidak pernah didefinisikan secara lugas dan sering kali penegak hukum mencampuradukkan isu kesalahan pengambilan keputusan bisnis dengan...
2020 has fortunately been a great year for us, and to close it properly, allow us to announce our penultimate deal of the year, the successful closing of US2.7 billion project financing for a major power project, the largest project financing in Indonesia in 2020! As...
As we are nearing the end of 2020, we are delighted to announce the recent success of our Litigation & Alternative Dispute Resolution team in representing a well-known foreign securities company in Indonesia in two back-to-back arbitration proceedings before the Indonesian Capital Market Arbitration Board...
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...