Hanafiah Ponggawa & Partners

Hanafiah Ponggawa & Partners climbs up to the recommended tier for its work on project finance, derivatives and financial products, and restructuring finance. Chadri Jurnalis, for example, advised a group of six banks, including Bank Syariah Mandiri and Bank BJB Syariah, on restructuring a Sharia loan to Kutilang Paksi Mas, an Indonesian energy company.

Erwin Winenda, practice co-head of Hanafiah Ponggawa & Partners, advised Jasa Marga, an Indonesian toll way operator, on its IDR1.8 trillion rights issue to expand its coverage of 1,000 kilometres of new toll roads.

A peer in the ASEAN Plus law firm network praises the team at Hanafiah Ponggawa & Partners (HPRP) about a cross-border acquisition in the energy sector: “The service level was excellent; the response time was quick; and the HPRP team was very proactive in identifying issues and proposing solutions. We did not have to handhold them through the process and the deal was handled more efficiently.” Al Hakim Hanafiah and Constant Ponggawa are notable partners.

Hanafiah Ponggawa & Partners shows experience in investment funds and natural resources disputes. Sartono, practice co-head, successfully defended an Indonesian materials company against a share and dividend tort by a former director and shareholder. Sartono is also representing the same client in an administrative lawsuit against Badan Pertanahan Nasional, the government’s national land agency, about a land concession’s cancellation.

Hanafiah Ponggawa & Partners not only assists paper and forest products companies but also contractors of oil and gas projects. Giovanni Muhammad, a leading lawyer, advised Universal Batam Energy and Universal Gas Energy, project developers of Energi Listrik Batam’s $66 million power plant totalling 70MW, on their negotiations of the gas sales agreement with a group including Premier Oil West Natuna.

The practice at Hanafiah Ponggawa & Partners can manage sensitive IT projects. Due to their solid relationships with government officials, Al Hakim Hanafiah and Erwin Winenda are working with Bank Indonesia, the central bank, on an IT corporate services project related to the bank’s tender to transform its strategic function architecture. For this complex mandate, the team has been drafting the tender documents and contracts for the third-party software and consulting service providers.

Hanafiah Ponggawa & Partners can point to strong relationships with government officials involved with energy and infrastructure projects. Constant Ponggawa and Hendra Ong worked with the Jakarta government (Daerah Khusus Ibukota Jakarta, or DKI Jakarta) to develop contract templates and master contracts to standardise the relationships among parties to future infrastructure construction projects. Giovanni Muhammad and Ong, members of a large task force to develop the ports of Kuala Tanjung and Bitung, advised the Komite Percepatan Penyediaan Infrastruktur Prioritas or KPPIP, Indonesia’s infrastructure steering committee, on designing the ports’ pre-feasibility studies and outline business cases.

Hanafiah Ponggawa & Partners’s banking and finance leading lawyer Chadri Jurnalis, a practice co-leader, assisted a group of banks, including Bank Negara Indonesia, Bank Mandiri and Bank Rakyat Indonesia, restructure Indonesia’s largest steel producer Krakatau Steel’s credit facility for a $500 million blast furnace project. The restructuring put the project back on track, and the furnace was completed.