updates

PT Arkora Hydro, Tbk (ARKO) Green Bond 2023

15 Aug 2023

We are proud to assist PT Arkora Hydro, Tbk (ARKO), a leading renewable energy power company, on its first green bond issuance under the name of “Obligasi Berwawasan Lingkungan I Arkora Hydro Tahun 2023” in the amount of IDR 339,895,000,000 which is partially guaranteed by PT Indonesia Infrastructure Finance ("Green Bond").

This is the first domestic Green Bond issued by a non-state-owned company or affiliated with a state-owned company in Indonesia. PT Trimegah Sekuritas Indonesia Tbk and PT BNI Sekuritas jointly acted as ...

Read more

Obligasi II Wahana Inti Selaras Tahun 2023

11 Aug 2023

In the latest financial success story, PT Wahana Inti Selaras ("WISEL"), a part of Indomobil Group and a leading commercial vehicle, heavy equipment, agriculture machinery, and material handling equipment brand in Indonesia, has achieved another milestone. Following their successful bond Issuance in 2022, WISEL has once again made headlines by successfully closing its second bond issuance, known as "Obligasi II Wahana Inti Selaras Tahun 2023," on the Indonesia Stock Exchange on August 8, 2023.

This second ...

Read more

The multi-currency syndicated Islamic facilities

09 Aug 2023

We are thrilled to share that we have successfully assisted Malaysian syndicated banks in a groundbreaking financing endeavor for OMS Group. The banks involved were:

• MIDF AMANAH INVESTMENT BANK BERHAD, playing a crucial role as Lead Coordinator, Mandatory Lead Arranger, Financier, Facility Agent, and Security Agent.
• OCBC AL AMIN BANK BERHAD, stepping in as Mandated Lead Arranger and Financier.
• HSBC AMANAH MALAYSIA BERHAD, serving as Mandated Lead Arranger ...

Read more

Financial Closing of Proving Ground PPP Project: Cutting-Edge Motor Vehicle Testing Facility in Southeast Asia

08 Aug 2023

We are pleased to announce that we have assisted the Ministry of Transportation in the financial closing of Proving Ground Public-Private Partnership (PPP) Project in Bekasi, West Java Province. This cutting-edge facility would be the first motor vehicle testing center in Indonesia that complies with international standards adopted by the UN Agreement as well as ASEAN Mutual Recognition Arrangement on Type Approval for Automotive Products.

As the largest motor vehicle testing facility in Southeast Asia, the project boasts a substantial capital expenditure of IDR 1.9 trillion. Its overarching ...

Read more

Strategic Partnership

08 Aug 2023

We are delighted to announce that we have advised MITRA PLUMBON HEALTHCARE GROUP (MPHG), a leading hospital group with multiple specialties in the West Java Region, on its strategic partnership with Growtheum Capital Partners (GCP). MPHG hopes the partnership with GCP will support its quality expansion and expand access to quality private healthcare services to the population, including the ...

Read more

PT Adhi Commuter Properti tbk. Initial Public Offering

11 Apr 2022

We are delighted to announce and would like to congratulate @PT Adhi Commuter Properti Tbk (subsidiary of a state-owned enterprises PT Adhi Karya, Tbk) Indonesia first and biggest property developer based on mass transportation – ADCP, for the success on its initial public offering of shares (IPO) of which has been listed on the Indonesian Stock Exchange on 23 February 2022. ADCP is developing eleven transit oriented development property projects which prioritize elements of connectivity, mixed-use, shift & transit, walkable and densify

Our ...

Read more

PERSIS SOLO

04 Oct 2021

We would like to wish a stroke of very good luck to our client Persis Solo, which will begins competing in Liga 2 starting September 2021.

Earlier this year, AYMP has successfully represented the new investor as well as handling the whole acquisition process of PT Persis Solo Saestu. Our team was led by Arie Armand and supported by Imam Purbo Jati and Alexander Edward Ketaren.

We are hoping that the new structure of PT Persis Solo Saestu would encourage the Surakartans' team to achieve their objective ...

Read more

Fintech Indonesia

03 Jun 2021

We are pleased to inform that our Partner Wemmy Muharamsyah has just been appointed as one of the members of Board of Ethic of Asosiasi Fintech Indonesia (AFTECH) for the period of 2021-2025. AFTECH has been officially appointed by Financial Services Authority (OJK) as the Association of Financial Digital Innovation based on OJK regulation No. 13/2018.

Currently AFTECH has more than 350 members which include 359 fintech companies, 24 financial institutions, 13 research partners, ...

Read more

Ketrosden Triasmitra officially listed Bond I 2020 on IDX

18 Jan 2021

AYMP has acted as legal counsel to PT Ketrosden Triasmitra, a cable network infrastructure company, in its first public offering of bonds through Ketrosden Triasmitra I Year 2020 Bonds, which has been listed on the Indonesia Stock Exchange on 11 January 2021. The total value of bonds issuance is IDR 583 billion consisting of Series A and Series B with three and five years’ tenor. It is noteworthy that the Ketrosden Triasmitra I Year 2020 Bonds is the first public offering of bonds in Indonesia ...

Read more

BRI Ventures in Brodo's Series A

21 Dec 2020

AYMP acted as the legal counsel to BRI Ventures in series A investment round in Brodo, Indonesia’s direct-to-customer shoe brand. BRI Ventures led the investment through its venture capital vehicle, Sembrani Nusantara Fund. We are proud to assist BRI Ventures in making its entrance to retail business.

AYMP team is led by Benny Handoko and supported by Valeryan Natasha, Uvani Martaulina Rodoputri, Frendy Tanoto Yoga and Leonardo Sanjaya.

Read more

The A-List 2020 Indonesia

19 May 2020

Armand Yapsunto Muharamsyah & Partners is very keen to announce that our Managing Partner, Arie Armand join The 2020 Indonesia's 100 A-list lawyers according to the Asia Business Law Journal.

Asia Business Law Journal presents its A-list of the top 100 lawyers (including foreign legal consultants/advisers/counsel) practising in Indonesia (see the list of all 100 lawyers and the key practice areas for which they are endorsed). The list is based on extensive research conducted ...

Read more

PT Galva Technologies Tbk The Last IPO in 2019

01 Jan 2020

AYMP has acted as the legal counsel to PT Galva Technologies Tbk (IDX: GLVA) in its Initial Public Offering of shares (the “IPO”). GLVA offers 20% of its enlarged capital to public in the IPO.

Following such IPO, GLVA becomes the 55th company, and the last company, to be listed on the IDX in 2019. GLVA is a distributor of electronic products and provider of information technology services, all are carried out under its distribution and business as well as printing ...

Read more

Our Arie Armand is recognized as "Distinguished Practitioner" in Banking & Finance by Asialaw...

11 Nov 2019

Our Arie Armand is recognized as "Distinguished Practitioner" in Banking & Finance by Asialaw. The title is granted to Lawyers who are highly regarded by their peers and possess a strong record and positive client feedback, and Lawyers that lead deals/cases.

 

Read more

We are pleased to inform that Guna Darma (Partner) has been recognized .....

06 Nov 2019

We are pleased to inform that Guna Darma (Partner) has been recognized by Asian Legal Business, Thomson Reuters (ALB) as one of the 2019 "40 under 40" lawyers in Asia. The ALB "40 under 40" list selects 40 outstanding legal professionals in Asia who are under the age of 40. These lawyers have worked on some of the most significant deals and disputes in the past year, and have earned accolades from their peers, superiors and clients.

The full ALB "40 under 40" list in 2019 can be found Read more

On 22 October 2019, Our Partner Wemmy Muharamsyah and Senior Associate ....

22 Oct 2019

On 22 October 2019, Our Partner Wemmy Muharamsyah and Senior Associate Hana Monica Hutabarat gave legal training on a workshop held by Hukum Online, "Understanding the Legal Aspects of Derivative Transactions and Derivative Agreements in the 2002 ISDA Master Agreement (Batch IV)”. During this training, they discussed about, among others, the concept of “derivative and FX transactions”, 2002 ISDA Master Agreement and Schedule to the 2002 ISDA Master Agreement, how to negotiate the ISDA Agreement, along with relevant regulations surrounding derivative and FX transactions in Indonesia and the applicability of the ...

Read more

ALB Indonesian Law Award 2019

16 Oct 2019

Our firm was nominated in nine categories and won two awards in the 6th Annual Indonesia Law Awards 2019 presented by Asian Legal Business (member of Thomson Reuters) last night. Banking and Financial Service Law Firm of the Year, and M&A Deal of the Year. Many thanks to ALB for these prestigious awards and for arranging such big event, to all partners & of counsels who keep encouraging each other to do better, to all AYMP’s lawyers who’ve been working very hard to make ...

Read more

AYMP team has acted as legal counsel to PT Bank Bukopin Tbk (IDX: BBKP)

23 Sep 2019

AYMP team has acted as legal counsel to PT Bank Bukopin Tbk (IDX: BBKP) in its IDR 1.3 trillion partial sale and assignment of a portfolio consisting of pension loan receivables of state civil servants to Bahana Bukopin Kredit Pensiunan Asset-Backed Securities Collective Investment Contract (Kontrak Investasi Kolektif Bahana Bukopin Kredit Pensiunan – “KIK EBA Bahana Bukopin Kredit Pensiunan”), an Asset-Backed Securities Collective Investment Contract (ABS CIC) established by PT Bahana TCW Investment Management and PT Bank Maybank Indonesia Tbk (IDX: BNII). KIK ...

Read more

Robie A. Haris assisted by Hana Monica Hutabarat were invited by Hukum Online........

02 Sep 2019

Robie A. Haris assisted by Hana Monica Hutabarat were invited by Hukum Online to speak about Arbitration Technique and Online Dispute Resolution for out of court dispute resolution. The focus of the event is to give participants understanding in international arbitration proceeding according to ICC, UNCITRAL, SIAC commercial arbitration rules, risk mitigation in resolving dispute through international arbitration, enforcement of foreign arbitral award and concept of online dispute resolution.

Read more

Our Wemmy Muharamsyah , Agung Santoso and Hana Monica Hutabarat were invited.....

01 Sep 2019

Our Wemmy Muharamsyah , Agung Santoso and Hana Monica Hutabarat were invited to provide legal trainings on 2002 ISDA Master Agreement with PT Bank ANZ Indonesia and PT Bank BTPN Tbk (member of SMBC Group), on 6 August 2019 and 24 August 2019 respectively. The trainings were focusing on the understanding of ISDA Master Agreement, negotiating Schedule to the 2002 ISDA Master Agreement, and discussing on relevant regulations surrounding derivative and FX transactions in Indonesia as well as the applicability of the Indonesian version of Indonesian Derivative Master Agreement (being ...

Read more

Our Managing Partner Arie Armand was covered in Annual Managing......

28 Aug 2019

Our Managing Partner Arie Armand was covered in Annual Managing Partner Roundtable of Asian Legal Business (August 2019 Publication) sharing his views on Indonesian legal situation and development.

Read more

We Are Moving

08 Aug 2018

Read more

AYMP Team Building Program

20 Nov 2017

On 10 - 12 Nov 2017,  AYMP members participated in integrated outbound management training held at Selaras Adventure Camp, Citarik, Sukabumi, West Java. The program includes team building, problem solving, leadership skill, and rafting at Citarik river.

Read more

AYMP and Nabarro Law Firm's Singapore office held a half-day seminar

27 Feb 2017

On 23 February 2017, AYMP and Nabarro Law Firm's Singapore office held a half-day seminar on Structuring Investment in Indonesia's Infrastructure at AYMP's office. This practical and interactive seminar discussed the latest updates in various legal areas concerning infrastructure investment. Mutiara Rengganis (AYMP's Infrastructure Partner), Ibrahim Senen (AYMP's Head of Dispute Practice), together with distinguished guest speakers from the Coordinating Ministry of Economic Affairs (Kemenko Ekon) and PT PricewaterhouseCoopers Indonesia Advisory (PWC) spoke at the sessions.

Read more

AYMP Won Representing the Indonesia Government at ICSID

01 Nov 2016

AYMP managed to win an approx. US$1,3 billion dispute representing the Republic of Indonesia at the International Centre for Settlement of Investment Disputes (ICSID). The ICSID tribunal rejected Churchill Mining Plc’s and Planet Mining Pty Ltd’s demand for damage claims against the Indonesian government and instead ordered the companies to pay approx. $9.4 million to Indonesian government. This is the first victory and the biggest claim so far towards the Indonesian government at ICSID. We hereby would like to thank all parties who have been supporting ...

Read more

AYMP Won the Remarkable iBox Case

21 Sep 2016

AYMP’s Litigation team led by Ibrahim Senen (Head of Litigation and Dispute) and assisted by Robie A. Haris and Handika Tjen finally managed to win the remarkable iBox case in Supreme Court level. The Supreme Court Judgment upholds the previous judgment of the Jakarta Commercial Court and asserts that PT Erajaya Swasembada Tbk (“Erajaya”) is the rightful owner of iBox service mark. AYMP has acted as Erajaya’s counsels in handling the iBox mark cases from District Court to Supreme Court level, in which ...

Read more

AYMP Published a New Book on Dutch Legal Terms

17 Sep 2016

AYMP is honored to announce that a new book written by the eminent legal scholar and also of-counsel of AYMP, J. Satrio, S.H., titled: “Pelepasan Hak, Pembebasan Hutang dan Merelakan Hak (Rechverwerking)”, has been published. In this book, J. Satrio shares his knowledge on the dutch legal terms of “afstand van recht”, “kwitjschelding” and “rechtsverwerking” which are usually found in legal practice but lack of sources on the understanding of the said terms. The publication of this book is part ...

Read more

AYMP provided training for PT Bank Sumitomo Mitsui Indonesia

13 Sep 2016

In last August 2016, AYMP's team led by Wemmy Muharamsyah (Partner), Agung Santoso (Senior Associate) and Hana Monica (Associate) in collaboration with Hukum Online provided training regarding Legal Aspects on Derivative Transaction and its related agreements to PT Bank Sumitomo Mitsui Indonesia (SMBC) officers. AYMP is frequently invited by leading banks and financial institutions due to our strong practice in Banking & Finance particularly on Derivative Transactions.

Read more

AYMP Participated at Asia Pro Bono Confrence in Bali

30 Aug 2016

On Aug 30th 2016, Gunadarma (Partner) spoke at Asia Pro Bono Conference in Bali. Stakeholders from different backgrounds came together in this panel to discuss the role that pro bono can play in meeting legal needs of vulnerable groups in Indonesia. Speakers took an in-depth look at what law firms, law schools, bar associations, NGOs and the government are already doing, the challenges they faced in practice, how to do more, and highlight the potential gaps in the system that pro bono can fill to ensure access to justice for ...

Read more

AYMP Contributed an Article on Asian Legal Business Magazine

25 Aug 2016

Marion Elisabeth (Partner) and Noveleta Dinar (Associate) have contributed an article titled "Indonesian New Negative Investment List" to Asian Legal Business Magazine August edition.

Read more

AYMP Provided Training for DBS Bankers

14 Aug 2016

Arie Armand and Gunadarma, both are Banking & Finance Partners of AYMP, provided training on Legal Aspects of Loan Agreement and Security Documentation to DBS' bankers in Surabaya on 12 - 13 Aug, 2016. The series of training were and to be provided to the bankers of PT Bank DBS Indonesia's branches in major cities in Indonesia like Jakarta, Surabaya, and Medan.

Read more

Understanding 2002 ISDA Master Agreement held by BRI Corporate University

03 Jun 2016

Earlier this month, our Wemmy MUHARAMSYAH (Partner) and Agung SANTOSO (Senior Associate) were featured trainers at the “ENHANCEMENT PROGRAM SPECIAL REQUEST” Workshop on Understanding 2002 ISDA Master Agreement held by BRI Corporate University (1st – 2nd of June 2016). This event was the first ever internal training program held by PT Bank Rakyat Indonesia (Persero) Tbk. as an initiative measure to embrace the expected increase on derivative transaction demand in Indonesia.

Read more

AYMP Was Invited by Bank Of America

28 May 2016

Armand Yapsunto Muharamsyah and Partners (AYMP) On Saturday, 28th of May 2016, Armand Yapsunto Muharamsyah and Partners (AYMP Atelier of Law) was invited by Bank of America Merrill Lynch Jakarta Branch to train its officers with regards to the implementation of Know Your Costumer Principles in daily banking activities and legal issues that may arise from this process. The interactive training session was held in Sky Lounge of Faimont Hotel, Jakarta with (i) Arie Armand, S.H., LL.M (Partner), (ii) Christian Hotma, S.H., LL.M (Senior ...

Read more

AYMP was Invited by Deloitte Touche Tohmatsu Ltd

26 May 2016

On Wednesday, 25th of May 2016, AYMP was invited by Deloitte Touche Tohmatsu Ltd. Korean office (“Deloitte”) to take part as a speaker on Indonesia Merger & Acquisition – Trend and Opportunity, in Seoul, South Korea. The interactive session was held in Deloitte office with Richard Yapsunto as a representative from AYMP. Richard shared to the participants the legal aspects as well as nuts and bolts to be considered when investing in Indonesian financial services industries which covers general overview of investment laws and regulations in Indonesian financial ...

Read more

AYMP Participated at The 31st ISDA Annual General in Tokyo

14 Apr 2016

Armand Yapsunto Muharamsyah and Partners (AYMP) On 12th – 14th of April 2016, M. Arie Armand and Marion Elisabeth (Partners - Banking & Finance) participated at the 31st ISDA annual general meeting in Tokyo. ISDA stands for the International Swaps and Derivatives Association, a reputable association of dealers who pioneered the development of the ISDA Master Agreement and a wide range of related documentation commonly used by derivative industry players, including various banks worldwide, in entering into derivative transactions.

Read more