News Alert

June 2022

June 2022

June 2022

June 2022

Top 10 Law Firms based on the Target Amount of Funds Raised through Domestic Bonds in 2021

We are happy to be ranked as a runner up in the “Top 10 Law Firms based on the Target Amount of...

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June 2022

Big Four Law Firms based on the Total Issuance Amount in Global IPOs with Rule 144A from Underwriter's side in 2021

We are pleased to be ranked as one of the “Big Four Law Firms based on the Total Issuance Amount in Global IPOs with Rule 144A from...

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June 2022

Jennifer B. Tumbuan as Top 5 Finalist Managing Partner of Asian Legal Business South East Asia Law Awards 2022

Continuing Tumbuan & Partners’ (“T&P”) milestone, we are pleased to announce that Jennifer B. Tumbuan is recognized by the Asian Legal Business South East Asia Law Awards 2022 as a Finalist for Managing Partner of the Year (Emerging Markets) 2022...

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June 2022

June 2022

June 2022

June 2022

The Most Active Law Firm in Domestic Bond Transactions (2 Years 2021-2020)

We are delighted to be ranked by Hukumonline in their “Capital-Market Lawyers Ranking 2021” as the number one law office handling the most local bond transactions (in number of transactions) on the IDX in the last two years (2020- 2021), with a total of 21 reputable transactions...

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June 2022

Top 3 Law Firms based on Number of Domestic Bond Transactions in 2021

We are delighted to be first ranked in the “Top 3 Law Firms based on Number of Domestic Bond Transactions in 2021” by Hukumonline in their “Capital-Market Lawyers Ranking 2021”...

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June 2022

Tumbuan & Partners (T&P) is pleased to announce the promotion of Risman Yansen Mario as a senior associate at T&P

Tumbuan & Partners (T&P) is pleased to announce the promotion of Risman Yansen Mario as a senior associate at T&P, effective from 1 June 2022...

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June 2022

June 2022

June 2022

June 2022

Tumbuan & Partners (T&P) is pleased to announce the promotion of Veronica Sylfani as a Partner of T&P

Tumbuan & Partners (T&P) is pleased to announce the promotion of Veronica Sylfani as a Partner of T&P, effective from 1 June 2022...

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June 2022

Tumbuan & Partners has assisted PT CIMB Niaga Sekuritas which were acting as one of the Joint Lead Underwriters in the Initial Public Offering of PT Teladan Prima Agro Tbk ("TLDN").

Tumbuan & Partners has assisted PT CIMB Niaga Sekuritas which were acting as one of the Joint Lead Underwriters in the Initial Public Offering of PT Teladan Prima Agro Tbk ("TLDN")...

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June 2022

Tumbuan & Partners shortlisted as nominees of Asian Legal Business South East Asia Law Awards 2022

Tumbuan & Partners (“T&P”) has the opportunity to attend the award ceremony held by Asian Legal Business South East Asia Law Awards 2022 on 25th May 2022 in Singapore, where T&P was shortlisted as nominees in the following categories...

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June 2022

June 2022

June 2022

June 2022

HKI Closing CSPA with HKA for Acquisition PT Bhirawa Steel

PT Hutama Karya Infrastruktur (HKI) for the closing of the Conditional Shares Sale and Purchase Agreement (CSPA) with PT Hakaaston (HKA), for the acquisition of PT Bhirawa Steel...

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June 2022

Top Indonesian Lawyer 2022

We would like to thank the Asia Business Law Journal for highlighting the credentials of our senior partner, Jennifer B. Tumbuan, as one of the Top Indonesian Lawyers 2022...

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June 2022

Hukum Online meliput pengangkatan Veronica Sylfani sebagai partner baru Tumbuan & Partners

Hukum Online meliput pengangkatan Veronica Sylfani sebagai partner baru Tumbuan & Partners di bidang Capital Markets terhitung sejak tanggal 1 Juni 2022...

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June 2022

June 2022

July 2022

June 2022

Tumbuan & Partners recognizes as the best law firms in Asia Year 2022 by Asia Law

Tumbuan & Partners (“T&P”) is pleased to be recognized by Asia Law and included in their list of practice area rankings list that recognizes the best law firms in Asia year 2022...

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June 2022

Tumbuan and Partners as a legal counsel for PT Hillcon Tbk (HILL) for Initial Public Offering (IPO)

Tumbuan and Partners, acted as a legal counsel for PT Hillcon Tbk (HILL), attended the Public Expose of HILL for Initial Public Offering (IPO) of up to IDR 880 million...

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July 2022


OJK Virtual Innovation Day

Toward the end of 2021, the Indonesian Financial Services Authority (commonly abbreviated as "OJK") held an OJK Virtual Innovation Day with as topic: “Building Robust and Sustainable...

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July 2022

July 2022

July 2022

July 2022



Tumbuan & Partners acted as independent local counsel for PT Galley Adhika Arnawama as a new shareholder to acquire 1,341,955,000 shares owned by Indika Group

Tumbuan & Partners acted as independent local counsel for PT Galley Adhika Arnawama as the purchaser (new shareholder) in its plan to acquire 1,341,955,000 shares as collectively owned by Indika Group and a foreign shareholder which represent 76.68% of the total issued and paid up capital of PT Mitrabahtera Segara Sejati Tbk...

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July 2022



Tumbuan & Partners (T&P) had the honour of assisting PT Usaha Pembiayaan Reliance Indonesia

Tumbuan & Partners (T&P) had the honour of assisting PT Usaha Pembiayaan Reliance Indonesia in their Shelf Bonds issuance offering by the name "Penawaran Umum Obligasi I REFI Tahun 2022" with a targeted funds of up to IDR 400,000,000,000...

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July 2022



Tumbuan & Partners as Top Three Band Year 2022 by IFLR1000

We are delighted to announce that we have been recognized by IFLR1000 and listed in their financial and corporate law rankings for the Indonesia jurisdiction as a...

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August 2022

August 2022

August 2022

August 2022


Tumbuan & Partners as one of the top 100 Indonesian Law Firms and the No. 1 Midsize Corporate Practices in 2021 by @hukum_online

We are pleased to be ranked as one of the “Top 100 Indonesian Law Firms 2021” and be recognized as the No. 1 “Midsize Corporate Practices” Indonesian Law Firm based on the “total fee earner in Corporate Practices in 2021” by @hukum_online...

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August 2022

Tumbuan & Partner’s contribution to Himpunan Konsultan Hukum Pasar Modal (HKHPM)

Several partners and associates of our firm are proud members of the Indonesian Capital Market Legal Consultant...

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August 2022

Jennifer B. Tumbuan has been recognized as one of Asialaw’s Distinguished Practitioners in the expertise of Capital Markets, Banking and Finance

We are pleased to share that Jennifer B. Tumbuan has been recognized as one of Asialaw’s Distinguished Practitioners in the expertise of Capital Markets, Banking and Finance.

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August 2022

August 2022

August 2022

August 2022

Tumbuan & Partners (T&P) has assisted PT Maharaksa Biru Energi Tbk. (OASA) in its latest Extraordinary General Meeting of Shareholders (EGMS)

Tumbuan & Partners (T&P) has assisted PT Maharaksa Biru Energi Tbk. (OASA) in its latest Extraordinary General Meeting of Shareholders (EGMS). The EGMS approved the proposal...

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August 2022

Dirgahayu Republik Indonesia ke-77

Kemerdekaan bukan tanda untuk berhenti berjuang. Selalu jaga semangat patriotisme...

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August 2022

Tumbuan & Partners as one of the Top Capital Market Law Firms 2021

Tumbuan & Partners (“T&P”) is a highly reputable law firm in Indonesia, which was founded by the late Fred B.G. Tumbuan, a highly respected commercial law practitioner, academics and author who was regularly involved in drafting Indonesia’s commercial legislations and served as an advisor to a number of Indonesian authorities. T&P is now succeeded and led by Jennifer B. Tumbuan and supported by T&P’s other partners and associates.

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August 2022

August 2022

August 2022

August 2022

Tumbuan & Partners assisted PT Hutama Karya Infrastruktur (HKI) to acquire majority shares of PT Bhirawa Steel

Many congratulations to PT Hutama Karya Infrastruktur (HKI) as the buyer and also to PT Hakaaston (HKA) as the seller of PT Bhirawa Steel's shares in closing the deal for HKI's acquisition of 37% shares of PT Bhirawa Steel in early July 2022...

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August 2022

PERADI-SAI is giving their respects to our late Senior Partner, Frederik Bernard George Tumbuan

Our sincere gratitude to the Indonesian Advocates Association - Voice of Indonesian Advocates (Perhimpunan Advokat Indonesia Suara Advokat Indonesia/"PERADI-SAI")...

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August 2022

Tumbuan & Partners completed the deal between PT Tigaraksa Satria Tbk and PT Digital Intisari Nusantara for the closing of sales and purchase agreement of the majority shares in PT Gramedia Digital Nusantara

In July 2022, Tumbuan & Partners (T&P) acted as independent legal counsel for PT Tigaraksa Satria Tbk (TGKA) for the closing of sales and purchase agreement of the majority shares in PT Gramedia Digital Nusantara (GDN) which has been issued and subscribed by PT Digital Intisari Nusantara, an affiliate company of Kompas Gramedia Group...

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September 2022

September 2022

September 2022

September 2022

Numerous Achievements of T&P In 2020-2022

We are pleased to highlight our numerous achievements every year as a recognition of our firm’s leading position in the region. Through the years, we remain steadfast in our approach and commitment to the practice of law which have attracted recognition and honours.

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September 2022

PT Hutama Karya (Persero) and PT Wijaya Karya Tbk completing the shares divestment in PT Prima Terminal Petikemas

Congratulations to PT Hutama Karya (Persero) (HK) and PT Wijaya Karya Tbk (WIKA) for the signing of the Share Sale and Purchase Agreement with PT Pelindo Terminal Petikemas (PTP), an affiliate company of PT Pelabuhan Indonesia (Persero)...

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September 2022

Tumbuan & Partners' Practice Areas

Tumbuan & Partners (T&P) is a leading Indonesian law firm that provides diverse legal services designed to meet our national and international clients’ needs...

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September 2022

September 2022

September 2022

September 2022

Tumbuan and Partners attended the Focus Group Discussion "OJK’s Destination Statement for 2022 – 2027" held by the Indonesian Financial Services Authority (Otoritas Jasa Keuangan)

Tumbuan and Partners has the opportunity to attend the Focus Group Discussion (FGD) held by the Indonesian Financial Services Authority (Otoritas Jasa Keuangan – OJK) on 26th July 2022 in DoubleTree Hotel by Hilton...

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September 2022

Socialization of Government Regulation No. 24 of 2022 concerning The Implementing Regulation of Law No. 24 of 2019 concerning Creative Economy by Ministry of Tourism and Creative Economy

Tumbuan and Partners attended the event held by the Ministry of Tourism and Creative Economy (Kementerian Pariwisata dan Ekonomi Kreatif) on August 2, 2022 with the following topic: Socialization of Government Regulation No. 24 of 2022 concerning The Implementing Regulation of Law No. 24 of 2019 concerning Creative Economy. The event was held to promote Government Regulation No. 24 of 2022 concerning Economy Creative (PP 24/2022) as a legal innovation for creative economy sector to utilize Intellectual Property (IP) asset as security object in order to support national economic growth...

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September 2022

The Key to Success Tumbuan & Partners (T&P)

Hukumonline.com features an article on “The Key to Success of Tumbuan & Partners (T&P) - Growing Since 1981”. For more than forty years providing legal services, T&P has become one of the leading full-service law firms in Indonesia. Our success and reputation as one of the prominent Indonesian law firms is based on our vision that “truly connect with clients and understand market trends...

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September 2022

October 2022

October 2022

September 2022

Jennifer B. Tumbuan has been listed in The A List Indonesia's Top 100 lawyers 2022

We are pleased to share the trophy of “A-List of Indonesia Top-100 Lawyers 2022” from Asia Business Law Journal to our senior partner, Jennifer B. Tumbuan for her extraordinary work...

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October 2022

Hari Kesaktian Pancasila 2022

Para pahlawan bangsa telah berhasil menjaga Pancasila sebagai dasar negara dan ideologi bangsa...

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October 2022

Tumbuan and Partners attended the Focus Group Discussion "Digital Governance: Prerequisites to Support Digital Transformation”," held by the Indonesian Financial Services Authority (Otoritas Jasa Keuangan)

Tumbuan and Partners attended the Webinar held by the Financial Services Authority (OJK) on August 11, 2022 with the theme of “Digital Governance...

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October 2022

October 2022

October 2022

October 2022

Maulid Nabi Muhammad SAW 1444 H

Selamat menyambut perayaan Maulid Nabi 1444 H bagi sahabat-sahabat Muslim yang merayakan...

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October 2022

Finalist ALB Indonesia Law Awards (T&P)

The shortlist of nominees for the Asian Legal Business (ALB) Indonesia Law Awards 2022 has been announced and we are pleased to let you know that Tumbuan & Partners has been nominated as one of the finalists in the following 9 (nine) categories...

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October 2022

HKHPM Organized a Webinar on The Topic of Suspension of Payment of Debts and Bankruptcy of Public Companies and The Impact to its Public Shareholders

Last August 2022, the Indonesian Capital Market Legal Consultants Association (Himpunan Konsultan Hukum Pasar Modal  or HKHPM)  organized a webinar on the topic of suspension of payment of debts and bankruptcy (commonly referred to as PKPU) of issuers of public companies and its impact on the public shareholders...

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October 2022

October 2022

October 2022

October 2022

Pelaksanaan Penerbitan Kontrak Investasi Kolektif Beragun Aset, Peluang dan Tantangan

Tumbuan and Partners (T&P) hadir dalam Webinar yang diselenggarakan oleh Himpunan Konsultan Hukum Pasar Modal (HKHPM) pada tanggal 6 Oktober 2022 dengan tema “Pelaksanaan Penerbitan Kontrak Investasi Kolektif Efek Beragun Aset (KIK-EBA), Peluang dan Tantangan”. Webinar ini bertujuan untuk mengetahui pengaturan KIK-EBA berdasarkan regulasi, skema transaksi KIK-EBA dan tantangan yang dihadapi dalam praktik penerbitan produk KIK-EBA...

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October 2022

Our senior partner Jennifer B. Tumbuan has the honour to be part as he chairman for the legal and governmental department of AMVENSINDO

The Association of Venture Capitals For Indonesian Start-Ups (Asosiasi Modal Ventura Untuk Start-Up Indonesia/AMVESINDO) which registers more than 70 venture capital companies as its members, held its Annual Members' Meeting in June 2022. At the meeting, the milestones during the years 2018-2021 were presented and new management members for the period 2022-2025 were appointed...

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October 2022

Tumbuan & Partners (T&P) attended the Asian Legal Business (ALB) Indonesia Law Awards 2022 ceremony

Last Thursday, on the 20th of October 2022, Tumbuan & Partners (T&P) attended the Asian Legal Business (ALB) Indonesia Law Awards 2022 ceremony which recognizes the outstanding performance of private practitioners and in-house teams in Indonesia and around the region. Our sincere gratitude to the ALB team for organizing the annual ALB Indonesia Law Awards, we are extremely grateful for the recognition...

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October 2022

October 2022

October 2022

October 2022

T&P client's transactions have been nominated as 3 finalist in the Debt Market Deal of the Year (Midsize) category in ALB Indonesia Law Awards 2022

We are honored that three (3) of our esteemed client's transactions have been nominated as finalist in the Debt Market Deal of the Year (Midsize) category in this year’s ALB Indonesia Law Awards 2022 namely:

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October 2022

This year's Debt Market Deal of the Year (Midsize) award went to Tumbuan & Partners in the Asian Legal Business (ALB) Indonesia Law Awards 2022

We are pleased to announce that one of the prestigious debt market deals which Tumbuan & Partners (T&P) was involved in, was awarded the Debt Market Deal of the Year (Midsize) in the Asian Legal Business (ALB) Indonesia Law Awards 2022. T&P has also been nominated as one of the finalists in other 8 (eight) categories in the ALB Indonesia Law Awards 2022...

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October 2022

Tumbuan and Partners attended the Focus Group Discussion regarding "The Development Direction of the Venture Capital Industry Policy" held by the Indonesian Financial Services Authority (Otoritas Jasa Keuangan)

In order to obtain comprehensive input on the plan of the changes to the key provisions in Indonesian Financial Services Authority (Otoritas Jasa Keuangan – OJK) Regulation No. 35/POJK.05/2015 on the Business Administration of Venture Capital Companies (POJK 35/2015), Tumbuan and Partners had the opportunity to attend the Focus Group Discussion (FGD) held by the OJK on October 3, 2022, in Wisma Mulia 2...

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October 2022

November 2022

November 2022

October 2022

Hari Sumpah Pemuda 2022

Indonesia butuh generasi cerdas dan tangguh...

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November 2022

Tumbuan & Partners has participated as a member of Go Public Clinic in the Capital Market Summit Expo (CMSE) 2022

Tumbuan & Partners has participated in the Capital Market Summit Expo (CMSE) 2022 as a member of the Go Public Clinic. This event was virtually held by the Indonesia Stock Exchange (IDX), along with PT Kliring Penjaminan Efek Indonesia (KPEI), and PT Kustodian Sentral Efek Indonesia (KSEI) supported by Financial Services Authority (OJK) on 13-15 October 2022...

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November 2022

Hari Pahlawan 10 November 2022

Dengan semangat kepahlawanan, kita perkuat persatuan demi membangun negeri. Mari kita lanjutkan perjuangan para pahlawan dan pejuang dalam mempertahankan kemerdekaan Indonesia. Selamat Hari Pahlawan 10 November 2022...

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November 2022

November 2022

December 2022

November 2022

The Privacy and Data Protection Overview in Indonesia: The Newly Enacted Personal Data Protection Law

The Indonesian People's Representative Council and Government of the Republic of Indonesia has recently enacted the long-awaited Personal Data Protection Bill into law, providing a new overarching framework for personal data protection in Indonesia through Law No. 27 of 2022 concerning Data Protection (PDP Law)...

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November 2022

Tumbuan & Partners as of the Top 100 Law Firms Ranking For The Year 2022

It is a tremendous honours for us to have been included in hukumonline Top 100 Law Firms Ranking for the year 2022. The nomination honoured the exceptional performance of selected Indonesian law firms based Hukumonline's survey which assessment was primarily focused on the number of fee earners...

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December 2022

Congratulations to PT Bio Farma (Persero), PT Kimia Farma Tbk (“KAEF”) and PT Kimia Farma Apotek (“KFA”) for its collaboration with the Silk Road Fund and the Indonesian Investment Authority

Congratulations to PT Bio Farma (Persero), PT Kimia Farma Tbk (“KAEF”) and PT Kimia Farma Apotek (“KFA”) for its collaboration with the Silk Road Fund and the Indonesian Investment Authority by forming a transformative partnership which is embodied in the signing of the Conditional Share Subscriptions and Purchase Agreement and other related transaction documents...

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December 2022

December 2022

December 2022

December 2022

Tumbuan and Partners (T&P) had the privilege to assist PT Indonesia Prima Property Tbk. (OMRE) in the Extraordinary General Meeting of Shareholders (EGMS), which was held in Jakarta on October 21, 2022

Tumbuan and Partners (T&P) had the privilege to assist PT Indonesia Prima Property Tbk. (OMRE) in the Extraordinary General Meeting of Shareholders (EGMS), which was held in Jakarta on October 21, 2022...

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December 2022

The Minister of Energy and Mineral Resources (MEMR) has recently issued the MEMR Decree No. 15.K/HK.02/MEM.B/2022 concerning Procedures for Processing the Issuance and Registration of Mining Business Permits (Kepmen ESDM 15/2022)

The Minister of Energy and Mineral Resources (MEMR) has recently issued the MEMR Decree No.  15.K/HK.02/MEM.B/2022 concerning Procedures for Processing the Issuance and Registration of Mining Business Permits (Kepmen ESDM 15/2022), which generally provide the provisions on processing and registering Mining Business Permits (IUP) in accordance with the court decisions or final report from public services supervisory board. In addition, Kepmen ESDM 15/2022 also provides the certainty for cancellation and/or suspension to IUP’s status, including the legal certainty for IUP that has received a bankruptcy decision...

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December 2022

Tumbuan & Partners (T&P) has been awarded with the Debt Market Deal of the Year (Midsize) in the Asian Legal Business (ALB) Indonesia Law Awards 2022

We are delighted to announce that Tumbuan & Partners (T&P) has been awarded with the Debt Market Deal of the Year (Midsize) in the Asian Legal Business (ALB) Indonesia Law Awards 2022...

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December 2022

December 2022

December 2022

December 2022

We are very honored to be recognized as the winner of Debt Market Deal of the Year (Midsize) in the Asian Legal Business (ALB) Indonesia Law Awards 2022

We are very honored to be recognized as the winner of Debt Market Deal of the Year (Midsize) in the Asian Legal Business (ALB) Indonesia Law Awards 2022...

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December 2022

The Indonesian Capital Market Legal Consultants Association held its Annual Members’ Meeting last November 2022 and concurrently held a seminar on the topic of “Affiliated and Conflict of Interest Transactions” and the changes in its regulation from time to time.

The Indonesian Capital Market Legal Consultants Association (Himpunan Konsultan Hukum Pasar Modal or HKHPM) which registers more than 800 members...

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December 2022

Tumbuan & Partners was named as one of the Recommended Law Firms at Hukumonline’s In-House Counsel Choice 2022

We are delighted to announce that Tumbuan & Partners was named as one of the Recommended Law Firms at Hukumonline’s In-House Counsel Choice 2022, that is part of the Indonesia In House Counsel Awards 2022 held by Hukumonline earlier this December 2022...

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December 2022

December 2022

January 2023

December 2022

Selamat Hari Ibu 22 Desember 2022

Selamat Hari Ibu 22 Desember 2022...

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December 2022

Tumbuan & Partners (T&P) is pleased to assist Intudo Ventures (INTUDO) for its Pre-series A investment in Jago International Pte Ltd (Kopi Jago).

Tumbuan & Partners (T&P) is pleased to assist Intudo Ventures (INTUDO) for its Pre-series A investment in Jago International Pte Ltd (Kopi Jago) in the amount of over USD 1,000,000 (one million United States dollar). INTUDO is an “Indonesia-only” independent venture capital firm with a concentrated portfolio approach (US$1M-US$10M initial investment per company) focusing its investments in a wide range of sectors of homegrown Indonesian start-up companies...

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January 2023

Happy New Year 2023

This year, Tumbuan & Partners (T&P) celebrated countless milestones and collaborated to accomplish our goals. As another year comes to a close, T&P want to give our biggest appreciation to our lawyers, our staff, and our clients for all the hardwork, trust and support throughout 2022 and wish you all a Happy New Year...

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January 2023

January 2023

January 2023

January 2023

Indonesia Financial Services Authority Regulation No. 61/POJK.07/2020 concerning Alternative Institutions for Financial Services Sector Dispute Resolution

Based on the Article 10 of Indonesia Financial Services Authority Regulation No. 61/POJK.07/2020 concerning Alternative Institutions for Financial Services Sector Dispute Resolution, which commonly abbreviated as LAPS-SJK, the LAPS-SJK is required to periodically evaluate the LAPS-SJK regulations. In the light of this, Tumbuan and Partners on behalf of AMVESINDO had the opportunity to attend the Focus Group Discussion (FGD) held by LAPS-SJK on November 12, 2022, at Ashley Hotel Wahid Hasyim...

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January 2023

TUMBUAN & PARTNERS is hiring LAWYERS

Qualifications : •At least 2 years of experience working in a reputable law firm and/or notary office •Bachelor of Law degree with a minimum GPA of 3,0 on a scale of 4,0 •Good time management and organizational skills •Fluent in Indonesian and English (both in writing and in speaking) •Computer literate (at least with the standard Microsoft Office tools)...

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January 2023

T&P is proud to have represented PT Astra Sedaya Finance in managing its intellectual property rights protection

T&P is proud to have represented PT Astra Sedaya Finance, one of the top leading multi-finance companies in Indonesia that is part of the well known Astra Credit Companies (ACC) and respectively of Astra Financial, in managing its intellectual property rights protection for its mobile application for financing, called acc one...

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January 2023

January 2023

February 2023

January 2023

Webinar Amvesindo Exit Mechanisms for Investors & Start-up Companies (IPO vs Acquisition) 6 December 2022

In closing the year 2022, the Association of Indonesian Venture Capital and Startups (AMVESINDO) held a seminar on "Exit Mechanisms For Investors & Startup Companies (IPO vs Acquisition)" which was held on December 6th, 2022 and attended by a total of 178 participants from various backgrounds, including stakeholders, VC's start-ups, law firms, underwriters, and academics...

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January 2023

Tumbuan and Partners (“T&P”) had the honor of assisting PT Indonesia Prima Property Tbk

Tumbuan & Partners (“T&P”) is a law firm of Indonesian advocates and capital market legal consultants in Jakarta, which was founded by the late Fred B.G. Tumbuan, a highly respected commercial law practitioner, academic and author who was regularly involved in the drafting of Indonesia’s commercial legislation and served as an advisor to a number of Indonesian government ministries, and is now succeeded and headed by Jennifer B. Tumbuan...

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February 2023

Our warm congratulations to PT Wijaya Karya Industri & Konstruksi (WIKON), a subsidiary of PT Wijaya Karya (Persero) Tbk. (WIKA) for the signing of the share sale and purchase agreement with PT Industri Baterai Indonesia (IBC)

Our warm congratulations to PT Wijaya Karya Industri & Konstruksi (WIKON), a subsidiary of PT Wijaya Karya (Persero) Tbk. (WIKA) for the signing of the share sale and purchase agreement with PT Industri Baterai Indonesia (IBC) in respect to the acquisition of PT WIKA Industri Manufaktur (WIMA) by IBC...

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February 2023

February 2023

February 2023

February 2023

PT Data Sinergitama Jaya Tbk. (ELITERY) successfully completed the Public Expose process in the context of its Initial Public Offering near the end of 2022

PT Data Sinergitama Jaya Tbk. (ELITERY) successfully completed the Public Expose process in the context of its Initial Public Offering near the end of 2022. The Public Expose was successfully held on 21 December 2022 and attended by the public, potential investors, and supporting professionals of ELITERY in a hybrid mechanism (online and offline)...

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February 2023

Welcoming the Year of the Rabbit, with a warm lunch and gathering with the Tumbuan and Partners Team

Welcoming the Year of the Rabbit, with a warm lunch and gathering with the Tumbuan and Partners Team...

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February 2023

Our heartfelt congratulations to PT Kimia Farma Tbk (KAEF) and all parties involved in closing the deal in respect to the sale and purchase of 40% of PT Kimia Farma Apotek’s (KFA) shares on December 27th, 2022

Our heartfelt congratulations to PT Kimia Farma Tbk (KAEF) and all parties involved  in closing the deal in respect to the sale and purchase of 40% of PT Kimia Farma Apotek’s (KFA) shares on December 27th, 2022. The transformative partnership which involves PT Akar investasi Indonesia...

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February 2023

February 2023

March 2023

February 2023

Tumbuan & Partners (“T&P”) had the honour of assisting PT POS Indonesia Persero (POS) in their Bonds issuance offering by the name "Obligasi I Pos Indonesia Tahun 2022"

Tumbuan & Partners (“T&P”) had the honour of assisting PT POS Indonesia Persero (POS) in their Bonds issuance offering by the name "Obligasi I Pos Indonesia Tahun 2022" with a targeted funds of up to IDR500,000,000,000. The funds raised will be used for working capital in the context of the POS's daily business activities and capital expenditure in the form of business process digitalization...

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February 2023

Tumbuan and Partners (T&P) had the honor of assisting PT Maharaksa Biru Energi Tbk. (OASA)

Tumbuan and Partners (T&P) had the honor of assisting PT Maharaksa Biru Energi Tbk. (OASA), a renewable energy semiconductor manufacturing company, with its issuance...

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March 2023

Amvesindo Event

Last January, the Association of Indonesian Venture Capital and Startups (AMVESINDO) held its 2023 new year gathering dinner event, which was a small celebration in welcoming the new year and at the same time an occasion to gather members of AMVESINDO in an offline event instead of an online meeting. The board and members of AMVESINDO in Jabodetabek attended this event...

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