INDUSTRY
- Counsel to Hokkan Holdings Corporation (Hokkan), one of the largest Japanese bottling and packaging maker companies, in its 1,262 billion Indonesian Rupiah or approximately 9.5 billion yen 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 USD 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.
- Acting for Nippon Steel and Sumitomo Metal Corporation and Osaka Steel corporation in their investment of more than USD 500 million, where W&P advises them on the establishment of industrial and marketing companies together with a domestic steel state owned company, their complex shareholding structures, land acquisition and development, construction and licensing matters.
- Representing 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.
- Acting for certain Japanese trading companies in their business and assets of transfer of construction chemicals transfer with its Indonesian local partner.
- Acting for a Japanese trading company’s subsidiary in its investment in a Yoghurt Business.
- Acting for a Japanese trading company for their investment through shares participation in a cow farming company.
- Acting for a Japanese trading company in its shares subscription in an Indonesian public company active in auto-parts industry.
- Acting for Kansai Paint Co Ltd in a business acquisition (including assets transfer) and acquisition one of the most famous paint Indonesian companies owned by an Indonesian conglomerate group.
- Acting for a Japanese corporation in the shares acquisition of a paint manufacture company.
REAL PROPERTY
- 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 IDR 910,000,000,000 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.
- Representing 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.
- Acting for a Japanese trading company 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 JPY with an Indonesian conglomerate group.
- Acting for certain Japanese trading group companies in their establishment of a JVC with an Indonesian conglomerate group for real property development in Cikarang, West Java.
- Acting for a real property Japanese company in its joint venture investment for the development of one of the most prestigious office and apartment towers in South Jakarta.
- Counsel to Japanese Bank in setting up of their standard checklist for real property business in Indonesia.
- Counsel to a Japanese trading company in its Land Acquisition in Cikarang Industrial Area.
- Counsel to a Japanese trading company’s subsidiary in preparation of its various lease agreements with its tenants (apartment, supermarket, restaurant, security, etc) in regard to its service apartment.
- Counsel to a Japanese trading company in its urban development project in Kemang – Antasari Area, Jakarta Selatan.
- Counsel to the Indonesian subsidiary of a Japanese trading company in its land acquisition in an industrial area (MM 2100).
- Counsel to a steel Japanese company in purchasing certain plots of land for industrial in an industrial area in Cilegon.
- Counsel to a Japanese Corporation in its proposed plan to revitalize, rehabilitate and rejuvenate existing buildings and structures and to plan, develop, build, operate and manage new approved buildings and structures in a prime area in Jakarta.
LOGISTIC AND CONSTRUCTIONS
- Acting for a Japanese trading company in their JV of a logistic (freight forwarding) company in Indonesia with its Indonesian counterpart.
- Acting for a Japanese trading company in its USD 200 million investments in logistic and warehouse business.
- Acting for a Japanese trading company in the proposed investment plan in an existing local logistic company in Surabaya, East Java.
- Assisting a logistic Japanese company in its proposed investment of a storage site in Batam for storing and maintenance of cranes and special trailers.
- Acting for a Japanese company in its proposed investment in a joint venture company for construction services.
- Acting for certain Japanese corporation in the divestment of shares in an Indonesian construction company.
TMT
- Advising Mitsui 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.
- Representing and advising 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 IDR 600 billion Syahriah 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 IDR 500 billion convertible bonds issued by PT Anabatic Technologies Tbk, one of the leading Indonesian IT service providers, with IDR 4,593 billion sales revenues (JPY 35.8 billion) and market capitalization of IDR 1,631 billion.
- Acting for a Japanese trading company in an acquisition of a pier-to pier (P2P) lending company.
- Acting for a Japanese trading company in the establishment of a pier-to-pier lending company.
- Counsel to Oriente Group, including PT Oriente Mas Sejahtera, a P2P company, in the preparation of its products’ transactional documents.
- Acting for 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.
- Acting for a Japanese trading company in the proposed investment in e-commerce and broadcasting (TV Shopping).
- Acting for mobile news Japanese company in its investment, through acquisition and loan structure in mobile news curation business.
- Acting for a Japanese company in its acquisition investment in software utilize system (online software system for accommodation, air and ground transportation, vacation packages booking and other related services) and cloud services.
- Acting for a Japanese company in its acquisition of an Indonesian e-commerce company.
- Acting for Japanese company in its shares subscription and acquisition of existing shares in a computer software & peripheral industrial company.
BANKING AND FINANCE COMPANY
- Representing and advising 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 IDR 600 billion Syahriah Mudharabah Financing to the acquirors.
- Acting for PT Bank Sahabat Sampoerna and Koperasi Sahabat Sampoerna in their proposed acquisition of aggregate IDR 7 trillion (USD 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.
- Acting for a Japanese lease and finance company in the proposed acquisition of a multi finance company and its subsidiaries in Indonesia.
- Acting for a Japanese trading company in structuring the new subscription of shares and internal restructuring of an Indonesian finance company with an Indonesian conglomerate group.
- Acting for a Japanese trading company in its acquisition of an Indonesian auction company of used cars.
- Acting for the largest state owned Indonesian bank for the acquisition of majority stakes of Multi-finance company from certain Japanese bank.
- Acting for a multi finance Japanese company in its proposed shares acquisition of a number of existing multi-finance companies.
- Acting for a Japanese trading company in an acquisition of a multi-finance company in Indonesia.
- Acting for a European insurance company in relation to the acquisition of an existing Insurance company.
- Acting for 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.
FINANCING PROJECTS
- Advising and act as the local counsel of certain consortium lenders of a number of power projects in Indonesia.
- Advising certain lenders of certain fast track projects of PLN.
- 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 certain State-Owned Company in relation to the Issue of US$ 1,500,000,000 Global Medium Term Note Program and U.S.$ 1,625,000,000 Senior Notes Global Medium Term Note Program.
- 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.
- Counsel to an offshore financial institution and an Indonesian commercial bank in relation to US$39,720,000.00 facility.
SERVICES INDUSTRY
- Acting for subsidiaries of a Japanese trading company in its investments in various subsidiaries in Indonesia.
- Acting for a Japanese trading company’s subsidiaries in their investment in O&M power plant company.
- Acting for a Japanese trading company in acquisition of holding company with an Indonesian subsidiary in wholesale and importation of medical equipment.
- Acting for a Japanese trading company in its investment in their medical laboratories business in Indonesia.
- Acting for a Japanese conveyor belt company in an assets acquisition from and establishment of a joint venture company.
- Acting for a fishery Japanese company in the acquisition of an Indonesian company in seafood sale distributor.
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
OJK Issues Equity Crowdfunding Regulation
January 27, 2019
Client Alert: BKPM Takes Over The OSS System
January 2, 2019Announcements
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 »
May
21
We are very proud to announce that W&P’s Partners, Mr. Luky I. Walalangi and Ms. Miriam Andreta are privileged for being recognized by Asia… Read More »
May
6
W&P is advising Mitsui in its strategic investment in Axiata’s digital business, one of the largest telecom companies in Asia… Read More »
May
2
W&P is representing and advising Bizzy Group in its financing and internal restructuring of 9 e-commerce, logistic and distribution companies,… Read More »
Publications
Mar
29
International Comparative Legal Guide to: Mergers & Acquisitions 2019
W&P’s Mr. Luky Walalangi, Ms. Siti Kemala Nuraida and Mr. Andhika Indrapraja contribute in the ICLG to: Mergers & Acquisitions 2019.
For the full report please click here
Authors:
Luky Walalangi, Ms. Siti Kemala Nuraida and Mr. Andhika Indrapraja
Mar
5
IFLR M&A Report 2019
W&P’s Mr. Luky Walalangi, Ms. Miriam Andreta and Mr. Wisnu Renansyah Jenie contribute in IFLR’s Indonesia M&A Report of 2019.
For the full report please click here
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]
