Femalia Indrainy Kusumowidagdo

Associate

Ms. Femalia Indrainy Kusumowidagdo is an experienced Indonesian lawyer with almost a decade of experience and knowledge in banking & finance, infrastructure, and capital markets.

Femalia Indrainy Kusumowidagdo obtained her Bachelor of Laws degree from Universitas Indonesia, where she actively participated in a wide range of organizational activities, among others, the Asian Law Students’ Association (ALSA) and the Students’ Executive Body (Badan Eksekutif Mahasiswa).

Prior to joining Walalangi & Partners, she worked as an associate in another prominent law firm in Indonesia, where she had the privilege of being seconded to branches of American and French banks.

During her years of practice, she has been advising and handling numerous types of clients, including offshore and onshore banks, financial institutions, as well as private and publicly listed companies in the areas of banking & finance, infrastructure, capital markets, and general corporate matters.

Femalia Indrainy Kusumowidagdo has successfully assisted clients in the following prestigious transactions:

  • Counsel to PT Bangun Loka Indah (a member of a leading Indonesian conglomerate group company), in its successful acquisition of assets related to a premium five-star international chain hotel (Pullman Ciawi Vimala Hills Resort Spa & Convention Hotel), as well as other adjacent parcels of land, all situated on approximately 17.5 hectares of land, located in a prime tourism area in West Java, Indonesia. We assisted the client in structuring the complex transaction to accommodate sophisticated transfer of each different asset from dozens parcels of land, buildings, machineries to inventories, as well as transition of licenses, operational contracts and employees. We conducted a comprehensive legal land due diligence and factual investigations of each asset which encompasses regulatory compliance, risk identification and mitigation, and preparing numerous definitive documents and transfer instruments to ensure a smooth closing of the multi-faceted and multi-stage transaction with optimized legal protection for the client, all within a challenging and expedited timeline.
  • Counsel to PT Bina Mitra Sehati, a prominent telecommunication infrastructure company specializing in providing telecommunication towers, as well as outdoor and indoor building coverage (IBC) across Indonesia in structuring and negotiating transaction documents for the multi-stages sale of its existing and under-construction telecommunication tower infrastructures to PT Centratama Menara Indonesia, a telecommunication tower infrastructures provider, with a purchase price of at least IDR 240,052,680,000.
  • Counsel to PT Dhost Telekomunikasi Nusantara in its acquisition and lease back of indoor telecommunication infrastructure assets located at 850 sites across Indonesia from PT Telekomunikasi Selular (IOH) one of the largest cellular telecommunications networks and services providers in Indonesia. The acquisition marks another significant milestone for Dhost as they further expand their indoor management portfolio of telecommunication infrastructure assets throughout Indonesia. It also reinforces their unwavering commitment to support Tsel and other telecommunications network and services providers in delivering reliable networks, leveraging dhost’s advanced neutral hosting technology.
  • Counsel to PT Dhost Telekomunikasi Nusantara, an Indonesian subsidiary of Exeo Group Inc., engaging in provision of service of equipment and infrastructure of in-building distributed antenna system (DAS) and fibre optic system, in its IDR 480,000,000,000 (approx. USD 32 million) acquisition of indoor telecommunication infrastructure assets located at 633 sites across Indonesia from PT Indosat Tbk, trading as Indosat Ooredoo Hutchison, one of the largest Indonesian cellular telecommunications networks and services providers.
  • Counsel to one of the largest Japanese banks in its USD200 million acquisition of  an e-commerce and digital financing services businesses throughout Southeast Asia, which would allow the client to further contribute and fulfil various financial needs to customers in Indonesia and other Southeast Asian countries as well as leveraging its group’s growth in financial services sector.
  • Counsel to one of the Japanese leading information technology solution companies,  in its  proposed cross-border acquisitions of a Singaporean information technology cloud and digital transformation companies, which would allow the Client to expand its business to provide a unique and competitive hybrid cloud solutions in both public and private sectors  in Southeast Asia region, including Indonesia.
  • Counsel to Tokyo Gas Asia Pte. Ltd in the acquisition PT Super Energy Tbk (SE), a publicly-listed Indonesian company, PT Energy Mina Abadi, and PT Gasuma Federal Indonesia and PT Bahtera Abadi Gas. SE company group is one of the most productive Indonesian gas distribution group companies, which is expanding its gas projects throughout Java.
  • Counsel to Japanese trading company in in relation to USD18,000,000 secured committed term collateral loan facility to a mining group company in Indonesia, including the creation of various Indonesian security documents.
  • Counsel to PT Dhost Telekomunikasi Nusantara, a wholly owned Indonesian subsidiary of of DeClout Limited, an Indonesian company engaging in provision of service of equipment and infrastructure of in-building distributed antenna system (DAS) and fibre optic system, in its financing and acquisition process of indoor telecommunication infrastructure assets from PT XL Axiata Tbk, one of the largest cellular telecommunications networks and services provider in Indonesia.
  • Advising one of Japan’s largest banking institutions, in relation to the proposed provisions of perpetual (non-cumulative) subordinated loan to its Indonesian banking subsidiary for the purpose of increasing the subsidiary’s core capital.
  • Advising a leading Japanese telecommunication and a Japanese Fortune Global 500 company on various Indonesian law’s regulatory framework related to its proposed investment in various digital payment and finance sectors in Indonesia, including among others, mobile payment and Q&R code based payment services, online loyalty point related services, digital banking and financing, small loan online services, digital consumer finance (including buy now pay later (BNPL) arrangement), and digital insurance.
  • Counsel to Mitsubishi UFJ Lease & Finance in its investment in Gojek, as part of its ongoing Series F funding round, which together with investment of Mitsubishi Corporation and Mitsubishi Motors Corporation have raised over US$1 billion investment.

Publications: 

  • Miriam Andreta/Siti Kemala Nuraida/Femalia Indrainy Kusumowidagdo/Indira Setyowati, Chambers Global 2024 – Corporate/M&A, Chambers & Partners, 2024.
  • Andhika Indrapraja/Femalia Indrainy Kusumowidagdo/Raditya Pratamandika Putra, Corporate Governance 2020, International Comparative Legal Group, 2020.
  • Hans Adiputra Kurniawan/Femalia Indrainy Kusumowidagdo/Raditya Pratamandika Putra, Banking Regulation 2020, Getting The Deal Through, 2020.
  • Sinta Cestakarani/R. Wisnu Renansyah Jenie/Femalia Indrainy Kusumowidagdo, Indonesia: Corporate Governance, The International Comparative Legal Guide (ICLG), Global Legal Group, 2019.
  • Miriam Andreta/Hans Adiputra Kurniawan/Femalia Indrainy Kusumowidagdo, Banking Regulation, Getting The Deal Through, 2019.