SSEK Indonesian Legal Consultants recently led a webinar on joint ventures in Indonesia. SSEK partner Dewi Savitri Reni and SSEK associate Aldilla S. Suwana led the webinar, which was organized by Hukumonline.com, a leading source of news and analysis on the Indonesian legal sector.
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 partner Dewi Savitri Reni and associate Aldilla Stephanie Suwana recently provided legal training for employees of PT Pertamina (Persero), the Indonesian state-owned oil and natural gas corporation based in Jakarta. The legal training covered joint venture agreements, the merger and acquisition process in Indonesia, and liquidations. About SSEK SSEK is a leading full-service corporate … SSEK Indonesia Leads Legal Training for Pertamina
SSEK has been recognized as a leading law firm in Indonesia in the 2020 Chambers & Partners Global directory of leading law firms and lawyers. SSEK was ranked as a leading law firm in Indonesia for Corporate/M&A and Projects & Energy. In addition to the firm rankings, SSEK senior partner Ira A. Eddymurthy and foreign … SSEK Named Leading Law Firm in Indonesia for M&A, Projects & Energy
There are no specific requirements or procedures for due diligence before acquiring a company. However, it is common and best practice for a bidder to perform due diligence on the target company before proceeding with an acquisition. In practice, the due diligence will cover the following: corporate organization and general information; compliance with general … Corporate M&A in Indonesia – Scope of Due Diligence
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 recently led separate training sessions for new legal officers at PT Pertamina, the Indonesian state-owned oil and natural gas corporation. SSEK partner Dewi Savitri Reni (Vitri) and Indrawan Dwi Yuriutomo, as associate at the firm, led a session on joint venture agreements and M&A transactions. Vitri led a second session on liquidation, bankruptcy and … SSEK Leads Training Sessions for Pertamina
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 Legal Consultants has been recognized for the fifth straight year as a Tier 1 M&A law firm for Indonesia in the Asian Legal Business (ALB) M&A Rankings. SSEK was one of only six firms in Indonesia to receive the Tier 1 ranking in the 2019 survey. ALB reports that Indonesia saw an 88.6% increase … SSEK Named Leading M&A Law Firm for Indonesia
Indonesia’s Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha or “KPPU“) is seen to be more strictly enforcing fines for companies that are late in notifying the KPPU of a merger or acquisition that meets a certain threshold. KPPU Notification Requirement The requirement to notify the KPPU of a merger or acquisition is regulated under … Indonesian Competition Body Aims Fines at Companies Late to Report Merger or Acquisition
