PRACTICE AREAS

In a market as dynamic as Indonesia, navigating the constantly changing ​​environment can prove to be a challenge, even to the most astute investors in the business.

With our partners’ extensive experience across multiple fields — from international finance to franchise, hotels to healthcare, plantations to property — OWP is ready to assist clients to expand their reach into Southeast Asia’s biggest economy.

Transaction highlights:

• Assisting the sole franchise holder for the world’s largest fried chicken restaurant chain in various transactions to support its operations, which include setting up the distribution agreement for albums by various artists to be sold exclusively through the restaurants.
• Assisting Southeast Asia’s largest and most integrated media group in acquiring the rights to broadcast Liga Indonesia.
• Representing Morgan Stanley Asia (Singapore) Pte as the placing agent in the private placement of shares in PT BW Plantation Tbk.
• Representing The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, in the placement of shares in Parkson Retail Asia Limited.
• Representing PT HSBC Securities Indonesia as the placing agent in the private placement of secondary shares in PT Tempo Scan Pacific Tbk. This is considered as the largest equity capital markets transaction in Indonesia to date.

The tide of globalisation brings about many obstacles, and only those who manage to ride out the wave stands to reap the benefits beyond the break.

Our lawyers understand that tapping the region’s potential often requires a collective effort, and their past successes reflect their deep understanding of the challenges involved in setting up arrangements which protects all stakeholders involved.

Transaction highlights:

• Representing a company engaged in chemical industry in its disposal of assets and business.
• Representing vendors in the sale of nine mining companies to a publicly-listed Indonesian mining, which further sold to an Australian mining public listed company.
• Representing a major Indonesian private equity firm in acquiring shares in a holding company in Indonesia with a large footprint in the oil-palm plantation industry.
• Representing a Malaysian listed company in managing its investments in several oil-palm plantation companies in Indonesia.
• Representing a leading Asia Pacific health service provider in its proposed acquisition of a majority stake in an Indonesian hospital group company.
• Representing a client in its acquisition of a five-star hotel in Legian, Bali.

At OWP, we understand that to succeed in a dynamic environment like Asia, certain priorities may need to be readjusted in order to reach a bigger goal. Our partners have assisted numerous companies to meet their obligations in a way which best satisfies the situation and sensibilities of each stakeholders.

Transaction highlights:

• Assisting in the bankruptcy litigation process of an established real estate public company against one of American biggest financial institution.
• Negotiating the suspension of debt repayment obligations for one of Indonesia’s biggest coal mining public company.
• Negotiating the suspension of debt payment obligation of an Indonesia leading sea transportation public company.
• Advising a group of textile companies in Central Java, Indonesia, in the restructuring of IDR20 trillion debt under suspension of debt payment proceedings in the Commercial Court of Semarang District Court, involving more than 50 local and foreign banks or financial institutions.
• Advising a group of property developer companies in Jakarta and Cikarang, Indonesia, in the suspension of debt payment proceedings in the Commercial Court of Central Jakarta District Court.
• Representing lenders for the debt restructuring of a US$210,000,000 credit facility. This was the largest ever debt restructuring for a palm oil plantation company in Indonesia.

Disputes are not meant to be won, but resolved. With this principle at heart, OWP is determined to ensure that any disagreements that comes to head can be addressed in an amicable and sustainable manner.

With experience in both local courts and and international arbitration, our team is ready to take on the challenge wherever you may be.

Transaction highlights:

• Advising PT Bakrieland Development, Tbk in the assurance of IDR200,000,000,000 Sukuk Ijarah (Islamic Financial Certificate).
• Acting as a co-counsel in an arbitration proceeding in Singapore International Arbitration Centre (SIAC) representing respondents in a dispute relating to shareholders agreement.
• Acting as a co-counsel representing an Indonesian oil company in its civil litigation case at the Central Jakarta District Court.
• Representing PT Bumi Resources Minerals, Tbk in the US$100,961,331 commercial disputeat South Jakarta District Court
• Representing PT Humpuss Transportasi Kimia in the commercial dispute with PT Pelindo Energi Logistik, which was represented by DKI Jakarta Attorney General’s Office
• Representing PT Harco in the filing of suspension of debt payment petition through Commercial Court of Central Jakarta District Court against PT Apexindo Pratama Duta Tbk, the only Indonesian drilling contractor with offshore and onshore drilling capacity for oil and gas, geothermal and coal bed methane industries.
• Representing a building construction contractor in the filing of suspension of debt payment petition through Commercial Court of Central Jakarta District Court against PT Forza Land Indonesia Tbk, one of the residential developers in Jakarta
• Representing a building construction contractor in the filing of suspension of debt payment petition through Commercial Court of Central Jakarta District Court against PT Forza Properti Serpong, one of the residential developers in Serpong, Tangerang
• Representing PT Boxindah Gala Sejati in the filing of suspension of debt payment petition through Commercial Court of Central Jakarta District Court against PT Nipress Energi Otomotif and PT Nipress Tbk, a company engaged in battery manufacturing and the only battery company that publicly listed in Indonesia since 1992.

Indonesia’s long-continuing growth belies its vast untapped potential, and OWP – with its track record in facilitating loan agreements with local and international financial institutions across various sectors – is ready to make sure that all clients are well-poised to make the best use of the opportunities the region has to offer.

Transaction highlights:

• Representing the arrangers and lenders on the biggest acquisition financing of up to US$525,000,000 to a media group in Indonesia for acquiring one of the largest online media companies in Indonesia.
• Representing lenders on a pre-IPO financing to PT Visi Media Asia Tbk.
• Representing the lenders in a US$750,000,000 acquisition financing to a retail group in Indonesia.
• Representing an Indonesian bank in a financing to an Indonesian gold mine company.
• Representing the lenders in US$250,000,000 financing to a publicly limited plantation company.
• Representing the arrangers in the US$135,000,000 financing to a publicly listed company engaged in garment industry.