SSEK has acted as Indonesian counsel to General Electric in connection with the acquisition by Wabtec Corporation of GE’s Transportation business. The global value of the acquisition was USD 11 billion, as has been reported. The SSEK team advising on the transaction was led by partner Dewi Savitri Reni.
SSEK won M&A Deal of the Year: Southeast Asia at The Asia Legal Awards 2019, for our work as Indonesian counsel in Grab’s acquisition of Uber’s Southeast Asia business. The SSEK team working on the transaction was led by partner Fahrul S. Yusuf and foreign legal advisor Michael S. Carl.
SSEK Indonesian Legal Consultants has received an impressive 7 nominations for the Asian Legal Business 2019 Southeast Asia Law Awards. The winners will be announced on Thursday, April 11, at a ceremony in Singapore.
SSEK’s Stephen Igor Warokka and Angky Banggaditya were part of a delegation from various chambers of commerce and non-chamber business associations who met with officials from Indonesia’s Ministry of Manpower to discuss the draft MoM decree listing the positions that can be held by expatriate employees.
SSEK has been recognized in Asian-MENA Counsel’s Deals of the Year 2018 for our work advising on the formation of the Indonesian Oil and Gas Holding SOE, a US$4 billion deal that resulted in the creation of Indonesia’s largest state-owned holding company.
SSEK's Rusmaini Lenggogeni was interviewed for Indonesia Investments’ new research report. Rusmaini discusses the taxes foreign investors in Indonesia should be aware of, taxes for foreigners working or living here, and common tax mistakes made by companies and individuals in Indonesia, among other topics.
SSEK advisor Michael S. Carl was a featured speaker at the recent IBA Asia-Pacific Regional Conference in Tokyo. Michael was part of the session on “Investing and Financing in Property and Infrastructure Projects in the Asia-Pacific Region, From Both an Investor’s and Target’s Perspective.”