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), for the acquisition of PT Prima Terminal Petikemas by PTP.
The signing was part of the State-Owned Enterprise’s Corporate Strategic on Belawan Terminal in 2022 and was personally witnessed by the deputy of Minister of State-Owned Enterprises.
T&P team was led by our senior Partner, Jennifer Tumbuan, and senior associates Mada Herpadma and Risman Yansen Mario with the full support of other members of T&P. We are especially proud to act as the leading legal counsel for HK and WIKA in structuring, drafting and finalizing all the transaction documents for this challenging transaction.
We express our huge gratitude to our clients for their continued trust in us and their overwhelming support.
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