Blog Category: Deal News

SSEK Assists Samanea Group on Jakarta Wholesale Center Development

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SSEK has assisted Samanea Group and its Indonesian subsidiary, PT Samanea Tangerang Development, with the development of the One-Stop O20 Regional Wholesale Trade City, the first and most comprehensive wholesale center in Indonesia. The development, located in Tangerang New Industry City, on the outskirts of the Indonesian capital, Jakarta, includes a wholesale trading center and … SSEK Assists Samanea Group on Jakarta Wholesale Center Development

SSEK Advises Indosat on $300m Data Center JV with BDx

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SSEK has advised Indonesian telecommunications provider PT Indosat Tbk (Indosat Ooredoo Hutchison) on a US$300 million joint venture with Indosat subsidiary PT Aplikanusa Lintasarta and Asian data center company Big Data Exchange (BDx) to establish a new “data center and cloud-focused operation” in Indonesia. The companies said the JV was formed to “meet Indonesia’s growing … SSEK Advises Indosat on $300m Data Center JV with BDx

SSEK Represents Nissan Motor in Acquisition by Indomobil Group

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SSEK represented Nissan Motor Co., Ltd. in the acquisition of PT Nissan Motor Distributor Indonesia (“NMDI“) by PT IMG Sejahtera Langgeng, part of Indomobil, a leading Indonesian automotive group. SSEK assisted with the transaction agreements up to closing and with other agreements related to NMDI’s business operations prior to and after closing. SSEK also assisted … SSEK Represents Nissan Motor in Acquisition by Indomobil Group

SSEK Assists Malaysian Plantation Company in Landbank Transaction

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SSEK has acted for TSH Resources Berhad (TSH), one of Malaysia’s largest plantation companies, as the seller in a US$110.1 million Indonesian landbank transaction, as has been reported. TSH entered into two conditional shares sale and purchase agreements with KL Kepong (KLK), through KLK’s wholly owned subsidiary, Taiko Plantations Pte Ltd (TPPL). TSH, through its … SSEK Assists Malaysian Plantation Company in Landbank Transaction

SSEK Assists Malaysian Plantation Company in Sumatra Land Deal

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SSEK has acted for Ladang Lekir Sdn. Bhd., a Malaysian oil palm and rubber plantation company, and an indirect wholly owned subsidiary of the Perak State Agricultural Development Corporation, in the sale of its shares in an Indonesian oil palm company, PT Pinang Witmas Sejati. Kuala Lumpur Kepong Bhd. (KLK), a leading Malaysian multinational plantation … SSEK Assists Malaysian Plantation Company in Sumatra Land Deal

SSEK Acts for Indonesian Conglomerate in Acquisition by Singapore Holding Company

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SSEK acted for The Gesit Companies, a diversified Indonesian conglomerate that operates in the property, trading and services, manufacturing and natural resources sectors, in a transaction with MEA Commercial Holdings Pte. Ltd. (MEACH), a leading Singapore holding company that focuses on real estate investments. SSEK assisted The Gesit Companies in the successful sale to MEACH … SSEK Acts for Indonesian Conglomerate in Acquisition by Singapore Holding Company

SSEK Acts for Ovolo Group in Bali Resort Acquisition

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SSEK has assisted Ovolo Group, an award-winning luxury boutique hotel brand headquartered in Hong Kong, with the acquisition of a resort hotel in Bali. Ovolo acquired Citadines Kuta Beach Bali, an upmarket serviced apartment/hotel development located near the popular tourist areas of Seminyak and Legian. This is the group’s first property outside of Hong Kong … SSEK Acts for Ovolo Group in Bali Resort Acquisition

SSEK Advises Malaysia’s RII Holdings on Investment in Indonesian Courier and Logistics Industry

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SSEK has advised Malaysian investment holding company RII Holdings Sdn Bhd (RII) on its acquisition of a substantial equity interest in leading Indonesian logistics company PT Pandu Siwi Sentosa (PSS). SSEK assisted RII with drafting and negotiating the transaction documents. RII signed on October 1 the definitive agreements with PSS and its individual shareholders, and … SSEK Advises Malaysia’s RII Holdings on Investment in Indonesian Courier and Logistics Industry

SSEK Assists with Land Acquisition for Data Center Development in Indonesia

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SSEK has assisted NTT Communications (NTT Com), a subsidiary of Nippon Telegraph and Telephone Corporation, the largest telecommunications company in Japan and one of the largest globally, and PT NTT Indonesia Nexcenter with the acquisition of land in an industrial area outside of Jakarta. The acquired land will be used for the construction of what … SSEK Assists with Land Acquisition for Data Center Development in Indonesia

SSEK Assists Leading Investment App in Entering Indonesia Market

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SSEK has assisted PT Raiz Invest Indonesia in obtaining a Mutual Funds Sales Agency (APERD) license from Indonesia’s Financial Services Authority (OJK). Our work included drafting all the required documents for the APERD license and liaising with OJK officials. This was the first time in Indonesia that a foreign direct investment company had obtained an … SSEK Assists Leading Investment App in Entering Indonesia Market