INDUSTRY
- Counsel to Hokkan Holdings Corporation (Hokkan), one of the largest Japanese bottling and packaging maker companies, in its IDR1,262 billion or approximately ¥9.5 billion acquisition of beverage package manufacturing business from 7 group companies of PT. Deltapack Industri (DPI group), which includes transfer and assignment of substantial DPI group’s moveable and immovable assets as well as business portfolios. W&P assisted the structuring of the transaction, the multi layers transfers and the preparation of all transaction documents, where the acquisition was conducted through a new JV company Indonesia of beverage package manufacture between Hokkan and DPI Group.
- Counsel to and advising Showa Denko on the structuring and successful divestment from PT Indonesia Chemical Alumina (ICA), a company established in 2007, with a capital of US$188,500,000 and annual production of 300,000 ton of chemical grade alumina (CGA) resulting to annual sales of US$ 200 million. The divestment resulted in PT Aneka Tambang Tbk owning 100% of ICA’s shares.
- Counsel to Nippon Steel and Sumitomo Metal Corporation and Osaka Steel corporation in their investment of more than US$500 million, where W&P advised on the establishment of industrial and marketing companies together with a domestic steel state owned company, the complex shareholding structures, land acquisition and development, construction and licensing matters.
- Counsel to Mitsui Co Ltd and Fujimori Kogyo in the ¥7 billion in the acquisition of PT Kingsford Holdings ("Kingsford"), which owns 79.42% of PT Champion Indonesia Shares Tbk as well as 3 operating manufacturing companies of packaging business, including in the subsequent Mandatory Tender Offer where Kingsford made a tender offer for 20.58% of PT Champion Indonesia shares owned by minority shareholders and the capital infusion implemented by Mitsui and Fujimori Kogyo and merger notification to KPPU.
- Counsel to a Japanese trading company in its business and assets of transfer of construction chemicals transfer with its Indonesian local partner.
- Counsel to a Japanese trading company in its shares subscription of an Indonesian public company active in auto-parts industry.
REAL PROPERTY
- Counsel to Mitsubishi Corporation in its superblock urban development project of more than US$350 million, located in 12 Ha area of Vasanta InnoPark, Bekasi regency, West java Indonesia. As a whole, Vasanta InnoPark plans to construct 17 high-rise buildings, including apartments, commercial facilities, office buildings, and hotels and it is situated in a very strategic location for connecting to airports, ports, and industrial parks.
- Counsel to Toyota Tsusho Corporation in its real property and phase III residential expansion, through land acquisition and residential towers development, located in Cikarang Bekasi, with a total investment value of IDR910,000,000,000 or approximately ¥7,142 million. This is the continuation of the successful establishment and operation of the preceding AXIA Phase I and AXIA Phase II.
- Counsel to Tokyo Tatemono Co Ltd & Tokyo Tatemono Asia Pte Ltd, one of the biggest Japanese real property companies, in their proposed of more than $300,000,000 urban development projects in Indonesia, specifically on the development of certain prominent office and residential towers in the most prestigious area in south Jakarta, in which W&P assists the Clients both from legal and commercial perspectives, particularly in relation to their sophisticated multi layers financing and funding structures and closely work together with them in their joint venture, land acquisition, construction and licensing matters.
- Counsel to Mitsubishi Corporation in its 19 hectares satellite township mixed-use development project in Tangerang Regency (of 1,000 units of landed houses and shophouses), with a total investment commitment of up to approximately ¥10 billion with Sinarmas group.
- Counsel to Toyota Tsusho Corporation in its residential property development with Lippo Group in Cikarang, West Java, including preparation of its various lease agreements with its tenants (apartment, supermarket, restaurant, security, etc).
- Counsel to a Japanese trading company in its urban development project in Kemang – Antasari Area, Jakarta Selatan.
LOGISTIC AND CONSTRUCTIONS
- Counsel to a Japanese trading company in their JV of a logistic (freight forwarding) company in Indonesia with its Indonesian counterpart.
- Counsel to a Japanese trading company in its US$200 million investments in logistic and warehouse business.
- Counsel to a Japanese trading company in the proposed investment plan in an existing local logistic company in Surabaya, East Java.
- Advising a logistic Japanese company in its proposed investment of a storage site in Batam for storing and maintenance of cranes and special trailers.
- Counsel to a Japanese company in its proposed investment in a joint venture company for construction services.
TMT
- Counsel to Mitsui & Co Ltd in its strategic investment in Axiata's digital business, one of the largest telecom companies in Asia with some 150 million subscribers in Southeast Asia and South Asia, which businesses include Boost, an electronic wallet service in Malaysia and Indonesia; ADA, an independent digital marketing agency; and Apigate, an application programming interface platform company. Axiata Digital was established in 2013 and has to-date invested in 30 brands in businesses ranging from financial services to digital advertising.
- Counsel to Bizzy Group in its financing and internal restructuring of 9 e-commerce, logistic and distribution companies, involving multi layers acquisitions and capital reductions in various companies, including structuring of more than IDR1,100 billion Syariah Mudharabah Financing to the acquirors.
- Counsel to TIS Inc, a leading Japanese IT Corporate group, with 60 IT group companies, in the subscription/purchase of more than IDR500 billion convertible bonds issued by PT Anabatic Technologies Tbk, one of the leading Indonesian IT service providers, with IDR4,593 billion sales revenues (35.8 billion) and market capitalization of IDR1,631 billion.
- Counsel to one of the biggest Japanese trading companies in its acquisition of an Indonesian company providing supporting services of electronic payment processing system for business-to-business (B2B) which connects micro, small and medium business enterprises to the digital payment and supply chain platform facilities.
- Counsel to Itochu Corporation in its acquisition of a pier-to pier (P2P) lending company.
- Counsel to Oriente Group, including PT Oriente Mas Sejahtera, a P2P company, in the preparation of its products’ transactional documents.
- Counsel to a Japanese trading company’s subsidiary in their acquisition through subscription of new shares of a data center project company owned by an Indonesian conglomerate group.
- Counsel to a Japanese trading company in the proposed investment in e-commerce and broadcasting (TV Shopping).
- Counsel to Gunosy Inc in its investment, through acquisition and loan structure in mobile news curation business.
BANKING AND FINANCE COMPANY
- Counsel to Bizzy Group in its financing and internal restructuring of 9 e-commerce, logistic and distribution companies, involving multi layers acquisitions and capital reductions in various companies, including structuring of more than IDR1,100 billion Syariah Mudharabah Financing to the acquirors.
- Counsel to PT Bank Sahabat Sampoerna and Koperasi Sahabat Sampoerna in their proposed acquisition of aggregate IDR7 trillion (US$550 million) loan portfolios of approximately 80,000 small scale – medium scale loan accounts from another licensed Indonesian bank, including advising and assisting them in the structuring complex and sophisticated financing and fundraising structures and the subsequent plan to service of the proposed portfolio loans.
- Counsel to Bank Rakyat Indonesia for the acquisition of majority stakes of a Multi-finance company from a Japanese bank.
- Counsel to and advising a domestic bank in its internal restructuring and fundraising, including by issuance of new shares and preparation of multi-layer transaction documents for its stand-by subscribers.
- Counsel to Acting for Mitsui and Co Ltd. in structuring and internal restructuring of PT BAF with an Indonesian conglomerate group.
- Counsel to a Japanese lease and finance company in the proposed acquisition of a multi finance company and its subsidiaries in Indonesia.
- Counsel to Toyota Tsusho Corporation in its acquisition of an Indonesian auction company of used cars.
- Counsel to a European insurance company in relation to the acquisition of an existing Insurance company.
FINANCING PROJECTS
- Counsel to certain State-Owned Company in relation to its respectively US$1,500,000,000 Corporate Loan and US$1,137,000,000 Corporate Loan.
- Counsel to one of the biggest Japanese companies in multi million United States dollars corporate loans to an Indonesian mining company.
- Counsel to Lenders in relation to US$800,000,000 loan to a coal mining company.
- Counsel to Lenders on US$800,000,000 multicurrency credit facilities agreement to a multinational company with subsidiary in Indonesia.
SERVICES INDUSTRY
- Counsel to subsidiaries of a Japanese trading company in its investments in subsidiaries engaging in various services in Indonesia.
- Counsel to a Japanese trading company’s subsidiaries in their investment in O&M power plant company.
- Counsel to a Japanese trading company in acquisition of holding company with an Indonesian subsidiary in medical equipment services.
- Counsel to Toyota Tsusho Corporation its investment in their medical laboratories business in Indonesia.
- Counsel to a Japanese conveyor belt company in an assets acquisition from and establishment of a joint venture company.
MERGER & ACQUISITION
- Complex and multifaceted M&A Transaction Structures, including assets and business transfer, and share acquisition.
- Representing clients in drafting and negotiation of Joint Venture Agreements, Shareholders Agreement, Shares Subscription Agreement or Conditional Sale and Purchase Agreement.
BANKING & FINANCING
- General advisory on banking and financial institutions.
- Complex loan financing structured in almost all sectors of industry representing domestic and international banks and financial institutions.
- Notes and convertible bonds issuance.
REAL PROPERTY
- General advisory on real property development and land issues as well as construction related matters.
- Joint Venture projects on real property development, including some of the most prestigious apartment, condominium, condotel and office development projects in Jakarta.
FOREIGN DIRECT INVESTMENT
- Advice on the establishment of investment companies and subsidiaries.
- Merger & acquisition issues.
- Strategic investments, including classification of stocks and regulatory compliance.
ANTITRUST
- General advisory on Antitrust issues.
- Assistance on Merger Control notification.
DEBT & CORPORATE RESTRUCTURING
- Advice on capital reduction, recapitalisation, and take over.
- Mergers, spin-offs and formation of new entities as well as regulatory compliance.
GENERAL CORPORATE
- General advisory and establishment of foreign investment companies.
- Structuring investments and corporate needs to help our clients to achieve their commercial goals.
Latest News
Changes In Antitrust Case Handling Procedure
June 9, 2019
OJK Issues Equity Crowdfunding Regulation
January 27, 2019Announcements
Jul
24
Please check out W&P’s article on recent Indonesian M&A market in Legal Frontiers in Indonesia of Asia Law Business Journal,… Read More »
Jul
14
Please check out W&P’s article on Guidance to Data Protection in Asian Legal Business September 2019 Edition, proudly contributed by… Read More »
May
31
May this special day bring peace, happiness and prosperity to everyone, W&P wishes happy Eid Mubarak 1440H.
May
25
Please check out Asia Business Law Journal’s newest Q&A with Walalangi & Partner’s Managing Partner, Mr. Luky I Walalangi, on… Read More »
Publications
Aug
18
W&P contribute in the Banking Regulation 2019
W&P’s Ms. Miriam Andreta , Mr. Hans Adiputra and Ms. Femalia Indrainy Kusumowidagdo contribute in the Banking Regulation 2019 published by the GTDT, where they elaborate the regulations governing the banking industry and comparative analysys of key issues in Indonesian banking regulations.
For full article please click here
Authors:
Aug
1
Indonesia Merger Control 2019
W&P’s Ms. Miriam Andreta, Mr. Rainer Faustine Jonathan and Ms. Putri Bening Larasati in the Global Legal Insights Indonesia’s Merger Control 2019, each of whom is W&P’s anti-trust expert with considerable experience in assisting foreign clients in merger control in Indonesia
For full article please click here.
Authors :
Ms. Miriam Andreta, Mr. Rainer Faustine Jonathan and Ms. Putri Bening Larasati
Authors:
We are always seeking talented, skilled and enthusiastic people to join our team, email us at [email protected]
We are always seeking talented, skilled and enthusiastic people to join our team, email us at [email protected]
We are always seeking talented, skilled and enthusiastic people to join our team, email us at [email protected]
We are always seeking talented, skilled and enthusiastic people to join our team, email us at [email protected]
We are always seeking talented, skilled and enthusiastic people to join our team, email us at [email protected]
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