Blog Category: Deal News

SSEK Assists Malaysian Plantation Company in Landbank Transaction

|

SSEK has acted for TSH Resources Berhad (TSH), one of Malaysia’s largest plantation companies, as the seller in a US$110.1 million Indonesian landbank transaction, as has been reported. TSH entered into two conditional shares sale and purchase agreements with KL Kepong (KLK), through KLK’s wholly owned subsidiary, Taiko Plantations Pte Ltd (TPPL). TSH, through its … SSEK Assists Malaysian Plantation Company in Landbank Transaction

SSEK Assists Malaysian Plantation Company in Sumatra Land Deal

|

SSEK has acted for Ladang Lekir Sdn. Bhd., a Malaysian oil palm and rubber plantation company, and an indirect wholly owned subsidiary of the Perak State Agricultural Development Corporation, in the sale of its shares in an Indonesian oil palm company, PT Pinang Witmas Sejati. Kuala Lumpur Kepong Bhd. (KLK), a leading Malaysian multinational plantation … SSEK Assists Malaysian Plantation Company in Sumatra Land Deal

SSEK Acts for Indonesian Conglomerate in Acquisition by Singapore Holding Company

|

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 Acts for Ovolo Group in Bali Resort Acquisition

|

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 Advises Malaysia’s RII Holdings on Investment in Indonesian Courier and Logistics Industry

|

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 Assists with MNC Land, Trump Organization Luxury Developments

|

SSEK has assisted MNC Land, a leading Indonesian property company, in its collaboration with Trump Organization on the “Trump Residences Indonesia,” two ultra-luxury integrated developments in Bali and Lido, Bogor. SSEK was the only Indonesian law firm appointed to work on the projects. We assisted MNC Land with drafting and reviewing the transaction documents, and … SSEK Assists with MNC Land, Trump Organization Luxury Developments

SSEK Assists with Land Acquisition for Data Center Development in Indonesia

|

SSEK has assisted NTT Communications (NTT Com), a subsidiary of Nippon Telegraph and Telephone Corporation, the largest telecommunications company in Japan and one of the largest globally, and PT NTT Indonesia Nexcenter with the acquisition of land in an industrial area outside of Jakarta. The acquired land will be used for the construction of what … SSEK Assists with Land Acquisition for Data Center Development in Indonesia

SSEK Assists Leading Investment App in Entering Indonesia Market

|

SSEK has assisted PT Raiz Invest Indonesia in obtaining a Mutual Funds Sales Agency (APERD) license from Indonesia’s Financial Services Authority (OJK). Our work included drafting all the required documents for the APERD license and liaising with OJK officials. This was the first time in Indonesia that a foreign direct investment company had obtained an … SSEK Assists Leading Investment App in Entering Indonesia Market

SSEK Successfully Assists Client with E-Money License Application

|

SSEK has assisted its client in successfully negotiating the document compliance process as part of its application for an e-money license from Bank Indonesia. As part of the due diligence exercise to support the client, the SSEK team ensured that the required compliance-related documentation was provided as required under the current central bank regulatory framework. … SSEK Successfully Assists Client with E-Money License Application

SSEK Advises Rentokil on 2 Acquisitions in Indonesia

|

SSEK has acted for British multinational Rentokil Initial, through its Indonesian subsidiary, Rentokil Initial Indonesia, in the acquisition of two Indonesian companies. In the first transaction, SSEK assisted Rentokil with the acquisition of PT Aardwolf Pestkare Indonesia, a pest control service provider. In the second transaction, SSEK assisted in the acquisition of PT Pink Service … SSEK Advises Rentokil on 2 Acquisitions in Indonesia