Firm / Organisation

Armand Yapsunto Muharamsyah & Partners

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This content is provided by Armand Yapsunto Muharamsyah & Partners.

Managing Partner: Arie Armand
Number of partners: 9
Number of lawyers: 41
Languages: Bahasa, English, Chinese

Firm Overview:
Armand Yapsunto Muharamsyah and Partners (AYMP), is one of Indonesia’s premier law firms, based in Jakarta. Established in mid-1990s, it was later restructured and renamed several times before taking in its present structure. For over two decades, AYMP’s lawyers have advised industry-leading companies and global financial institutions on their most challenging legal and business matters. AYMP ranks among the Indonesia’s prominent law firms across the entire range of its practices, which spans of such areas includes banking and finance, capital markets, mergers and acquisitions, commercial litigation, insolvency and restructuring, infrastructure / PPP, private equity, investment, (including green investment), intellectual property, energy and mining, oil and gas. With in-depth roots and broad experiences with Indonesian Law, AYMP’s lawyers are encouraged to pioneer new perspectives and approaches of the legal system to provide AYMP’s clients with innovative and realistic legal solutions which uphold the clients’ best interest. To provide integrated legal services globally, AYMP joins Multilaw, an established global alliance of independent, full-service law firms across the world.

■ Main Areas of Practice:
■ Banking & Finance
■ Corporate & Debt Restructuring
■ Intellectual Property
■ Dispute Resolution
■ Energy & Mining
■ Capital Market
■ Investment Infrastruture & PPP
■ Green Services/Climate Change
■ Merger & Acquisition

Banking & Finance:
5 partners; 41 fee earners based in Indonesia
■ AYMP assisted PT CGS-CIMB Sekuritas Indonesia, PT Danareksa Sekuritas, and PT Mirae Asset Sekuritas Indonesia, together acting as joint underwriter for this initial public offering of PT Jaya Bersama Indo Tbk (Duck King Group) with project amount of IDR 250,000,000,000
■ AYMP acted as legal counsel for lender on the aggregate USD 902,000,000 bilateral facility where Bangkok Bank Public Company Limited provides loan to one of Indonesian conglomerate groups to purchase shares of one of the biggest mining businesses in Indonesia
■ AYMP acted as legal counsel to Altus Capital Partners in the IDR 468,803,000,000 refinancing and granting of up to USD 18,000,000 term loan facility granted to an Indonesian based company, which primarily engaged in hotel and resort industry, owning numerous five-star hotel in Bali along other well-known hotels across Indonesia
Key Clients: PT Jaya Bersama Indo Tbk., Bangkok Bank Public Company Limited, Altus Capital Partners Contacts: Arie Armand / Wemmy Muharamsyah / Agung Santoso
Tel: +6221 8370 7777
Emails: [email protected] / [email protected] / [email protected] / [email protected]

Merger & Acquisition:
5 partners; 32 fee earners based in Indonesia
■ AYMP assisted in the merger process between PT Bank Danamon Indonesia Tbk and PT Bank Nusantara Parahyangan Tbk, which is one of the biggest banking merger transactions where both participants are publicly listed banks
■ AYMP assisted the selling shareholders in the acquisition of 87.59% shares in PT Multistrada Arah Sarana Tbk by Compagnie Generale Des Etablissements Michelin, including the internal restructuring of MASA which involves divestment in 4 subsidiaries as well as sale of fixed assets as part of such acquisition (‘MASA Acquisition’)
Key Clients: PT Bank Danamon Indonesia Tbk., PT Multistrada Arah Sarana Tbk Contacts: Arie Armand / Wemmy Muharamsyah
Tel: +6221 8370 7777
Email: [email protected] / [email protected] / [email protected] / [email protected] / [email protected]

Capital Markets:
4 partners; 28 fee earners based in Indonesia
■ AYMP assisted the Ministry of Finance of Republic of Indonesia in the issuance of State Sharia Securities (SBSN) for individual investors namely Sukuk Savings (Sukuk Tabungan) series ST-003 and Government Retail Sukuk (Sukuk Negara Ritel)
■ AYMP assisted in the initial public offering of PT Bali Bintang Sejahtera Tbk., the first football club in ASEAN to conduct an initial public offering
■ AYMP represented PT Bank Bukopin Tbk., a public banking company, in conducting its fourth rights issue, where such process were under much stricter scrutiny from all regulators than the common practice due to findings of credit card business performance manipulation in the previous years
Key Clients: Ministry of Finance of Republic of Indonesia, PT Bali Bintang Sejahtera Tbk., PT Bank Bukopin Tbk.
Contacts: Arie Armand / Wemmy Muharamsyah / Benny Handoko
Tel: +6221 8370 7777
Emails: [email protected] / [email protected] / [email protected]

Infrastructure & PPP:
2 partners; 18 fee earners based in Indonesia
■ AYMP acted as legal counsel to PT Sarana Multi Infrastruktur (Persero), a state-owned enterprise that is mandated to prepare the project and represent the government contracting agency (PDAM Tirta Moedal of Semarang City). The project is a National Strategic Project (Proyek Strategis Nasional) and a priority project of KPPIP
■ AYMP assisted PT Angkasa Pura II (Persero) in its cooperation with PT Bandarudara Internasional Jawa Barat (Perseroda) (BIJB) to operate and maintain Kertajati Airport. The project is a National Strategic Project (Proyek Strategis Nasional) and a priority project of KPPIP
Key Clients: PT Sarana Multi Infrastruktur (Persero), PT Angkasa Pura II (Persero), Veinstone Investment Limited
Contacts: Mutiara Rengganis / Marion Elizabeth
Tel: +6221 8370 7777
Emails: [email protected] / [email protected]

Dispute Resolution:
2 partners; 10 fee earners based in Indonesia
■ AYMP acted as legal counsel to PT Huawei Tech Investment in filing a claim as much as USD 18,631,027.64 and IDR 51,152,255,024.00 to a network provider company
■ AYMP acted and won as counsel to PT Maybank Syariah Indonesia in claim of unlawful act by its customer
■ AYMP acted as the counsel of PT Philips Indonesia and successfully annul the relevant arbitration award for the interest of the client
Key Clients: PT Huawei Tech Investment, PT Maybank Syariah Indonesia, PT Philips Indonesia Contacts: Ibrahim Senen / Robie A. Haris
Tel: +6221 8370 7777
Emails: [email protected] / [email protected]

International Work:
■ MASA Acquisition
■ AYMP assisted PT Medikaloka Hermina Tbk in conducting global offering of 529,749,600 common shares, consisting of primary offering in the amount of 351,380,800 shares by PT Medikaloka Hermina Tbk and secondary offering of 178,368,800 shares by the shareholders of PT Medikaloka Hermina Tbk, which involves restructuring its group company
■ AYMP acted as legal counsel for PT ANTAM Tbk in acquiring shares of, and in gaining full control over PT Indonesia Chemical Alumina (“PT ICA”) from Showa Denko K.K., while also acting as the legal counsel of PT ICA as the acquired company