SSEK Legal Consultants has advised PT Indo Kordsa Tbk (“Indo Kordsa”) on the successful merger with its subsidiary, PT Indo Kordsa Polyester (“IKP”). Indo Kordsa, the surviving company in the merger, is a leading tire and polyester yarn manufacturer that is listed on the Indonesia Stock Exchange (“IDX”). This transaction was only the third merger … SSEK Advises IDX-Listed Indo Kordsa on Merger
The concept of electronic stamp duty (“e-stamp duty”) was introduced in Indonesia by Law No. 10 of 2020 regarding Stamp Duty (bea meterai), which came into effect on January 1, 2021 (“Stamp Duty Law”). The e-stamp duty was introduced to manage stamp duties for electronic documents, as more business was done online. To be clear, … Indonesia Introduces Electronic Stamp Duty: A Quick Update for Companies
SSEK Law Firm is ranked as a Tier 1 firm across five practice areas in the 2023 Legal 500 Asia Pacific directory of the leading law firms and lawyers in the region. These rankings underline SSEK’s position as one of the elite law firms in Indonesia. SSEK received a top-tier ranking for: Corporate and M&A … SSEK Earns Five Tier 1 Ratings in 2023 Legal 500 Indonesia
SSEK Legal Consultants, acting as Indonesian counsel, has assisted London-based media company Moonbug Entertainment with the acquisition of Singapore-based media company and production studio One Animation. Moonbug Entertainment is a subsidiary of Candle Media, a media entity backed by private equity firm Blackstone. One Animation is behind children’s animated shows Oddbods, Antiks, Insectibles and Rob … SSEK Assists Blackstone-backed Moonbug in Acquisition of Singapore Animation Studio Behind ‘Oddbods’
Indonesia’s new Personal Data Protection Law (“PDP Law”) is the country’s first comprehensive law to govern personal data protection in both electronic systems and non-electronic systems. However, until the necessary implementing regulations are issued, it remains to be seen just how the PDP Law will be implemented or its impact on M&A transactions. On the … Indonesia’s New Personal Data Protection Law and the Impact on M&A Transactions
SSEK Legal Consultants senior partner Ira A. Eddymurthy and managing partner Fitriana Mahiddin have been recognized in the 2022 Guide to the World’s Leading Women in Business Law, the international legal market’s leading guide to the top female legal practitioners advising on business law. Ira and Fitriana were recognized as follows: Ira A. Eddymurthy – Banking … SSEK Partners Named to Women in Business Law Expert Guide
SSEK Legal Consultants has advised Indonesian telecommunications provider PT Indosat Tbk (Indosat Ooredoo Hutchison) on a US$300 million joint venture with Indosat subsidiary PT Aplikanusa Lintasarta and Asian data center company Big Data Exchange (BDx) to establish a new \"data center and cloud-focused operation‚Äù in Indonesia. The companies said the JV was formed to \"meet … SSEK Advises Indosat on $300m Data Center JV with BDx
SSEK Legal Consultants has been recognized as a leading M&A firm in Indonesia in the 2021 M&A rankings published by Asian Legal Business (ALB). SSEK was named to Tier 1 for Indonesia. SSEK was one of just six firms to receive the highest ranking in the annual M&A survey conducted by ALB, published by Thomson … SSEK Tier 1 for Indonesia in ALB Asia M&A Rankings 2021
SSEK partner Dewi Savitri Reni and Aldilla S. Suwana, an associate at the firm, will lead a webinar on drafting and implementing joint venture agreements. The event is organized by Hukumonline. The webinar is scheduled for January 25, 2021, from 9:30 am to noon. Find more information here. The webinar will cover the preparation of joint … SSEK to Lead Webinar on Joint Venture Agreements
By Ira A. Eddymurthy and Fahrul S. Yusuf Shareholder activism is not a defined term, nor is it recognized under any laws in Indonesia. The Indonesian Company Law, however, does provide minority shareholders with certain rights. These rights give them the ability to initiate certain actions that are essentially intended to protect them against potential … Corporate M&A in Indonesia ‚Äì Activism
