Assegaf Hamzah & Partners

Expanded its intellectual property offering by merging with IP boutique Dewi Soeharto Law Partnership in June, 2018.   

Banking and finance  

Work highlights 

Advised the Asian Development Bank on the financing related to the development of the 60MW Tolo Jeneponto wind power plant by Energi Bayu Jeneponto, a subsidiary of independent infrastructure private equity manager Equis.  

Key clients  

Bank Mandiri, DBS, Indonesia Infrastructure Finance 

Capital markets   

Work highlights  

Represented the government of Indonesia on the issue of the world’s first green sukuk bond, consisting of $1.25 billion five year and $ 1.75 billion 10 year Reg S/144A tranches of trust certificates due in 2023 and 2028. 

Advised SEA with respect to its Indonesian Assets, Garena and Shopee, in connection with its US IPO.   

Key clients  

Citigroup Global Markets Singapore and Standard Chartered, DKSH Holdings, Medco Energy 

Competition/antitrust   

Work highlights 

Represented  tire manufacturer Goodyear on its appeal and submission of a final review petition to the Supreme Court after the company was found guilty in 2015 of cartel price setting and production holding.   

Key clients  

GIC Realty, Japfa Comfeed, Nokia Corporation, Unilever Indonesia, Yamaha Indonesia Motor Manufacturing 

Corporate and M&A 

Work highlights  

Advised Kohlberg Kravis Roberts on its acquisition of a minority stake in the country’s leading mass market bread company, IndoSari Roti. 

Dispute resolution   

Work highlights  

Represented Japfa Comfeed International in a dispute with the government of Indonesia that saw the district court revoke the competition authority, KPPU’s decision that found the client guilty of cartel practices. It turns out the client was complying with a direct order from the Ministry of Agriculture.  

Key clients  

Alpen Food Industry, BluTether, Goodyear Indonesia 

Labour and employment   

Work highlights  

Represented  ice cream manufacturer Alpen Food Industry in its negotiations with the union delegates of 644 workers who went on strike.  

Key clients  

Alim Investindo, Creed Holdings, SSG Capital Management, Toppan Printing 

Client feedback  

“The firm was able to put resources and provide quick drafts and was very responsive. Also they were able to provide very good solutions and mediation during the terms of the agreement.” – Corporate and M&A  

 “The law firm's strengths are its deep knowledge of Indonesian law and quality and professionalism of its people, which can provide better value to us as clients compared to reputable international law firms. This law firm does have longstanding experience in major industries in Indonesia and can take a practical approach as well.” - Banking and finance 

 “AHP offers high quality legal services on a very broad range of legal areas and is part of the highly regarded R&T network comprised of top tier law firms in major Asian jurisdictions. The firm’s quality of advice and personnel is of a high standard that one would expect from the top tier local law firms.” – Corporate and M&A  

 “The firm has rapidly grown within recent years and we are happy to use this company. The strengths are they give broad advice and perspective that goes beyond the legal perspective. They have various areas of expertise, good relationships with government institutions and they have been a reliable source. I feel the best teams are the anti-competition and disputes team. They are fast, efficient and accurate.” - Corporate and M&A  

 “For my corporate M&A and real estate deals, the firm has appointed a highly intelligent associate to manage the file. The firm also has been working on other deals with my company and therefore understands the expectations. The banking and finance team is also strong, responsive and manages the file well. The partner is hands on.” - Corporate and M&A, Real estate