Makes & Partners

Firm Profile 

Managing Partner: Yozua Makes

Number of partners: 6

Number of lawyers: 30

Alliances: WongPartnership LLP, Lubis Santosa Mitra

Languages: English, Indonesian 

Firm Overview: 

Established in 1993, Makes & Partners (“Makes” or the “Firm”) is an independent, innovative and creative Indonesian law firm with a history of forward thinking. The market recognises Makes as a strategic leader for integrated commercial business and legal solutions. The Firm advises both Indonesian and international clients and helps them achieve their commercial goals by providing timely, practical and high quality legal services. Since its inception, Makes has adopted and inculcated the philosophy: "solving a legal problem means more than just knowing the law", to achieve a result-oriented commercial approach and high completion rate for the transactions. Makes’ track record shows a propensity for innovation and ground-breaking achievements. In 2014, Makes welcomed the era of greater ASEAN and Pan-Asian economic cooperation and integration with a strategic alliance with leading Singapore law firm, WongPartnership LLP (“WongPartnership”) for seamless services throughout the region. In addition, a strategic alliance with Lubis Santosa Mitra (“LSM”) was also established, a move that leverages both the firms’ expertise in their respective fields of capital markets-merger & acquisition-corporate finance (for Makes) and litigation & arbitration (for LSM) and allows them to provide seamless and optimal services to the clients.

In these past 30 years of practicing in Indonesia, the Firm has also developed a solid relationship with government agencies and the Indonesian legal community that aids it in updating its clients with significant developments in the economic and legal sectors and then assisting them accordingly. Makes’ lawyers are assisted by special counsel attorneys who have served as senior officials in government ministries and in the Supreme Court. The partners at the Firm undoubtedly provide value added prestige to the Firm as they hold several supervisory positions in reputable Indonesian institutions such as Indonesian Chamber of Commerce and Industry (KADIN), IndonesiaAssociation of Capital Markets Legal Consultants (HKHPM), Indonesian Fintech Association (AFTECH).

Main Areas of Practice: 

• Capital Markets
• Banking & Finance
• Corporate, Mergers & Acquisition
• Litigation & Dispute Resolution
• FinTech
• Private Equity
• Start-Ups/Venture Capital
• Real Estate & Property
• Privatizations & Divestments
• Restructuring & Insolvency
• Infrastructure, Construction & Engineering
• Telecommunications, Media & Technology
• Energy, Resources & Mining
• Business Establishment

Recent Work: 

• Represented the two largest shareholders of PT Link Net Tbk. (one of Indonesia’s biggest cable TV operators and fixed broadband internet provider), in the sale of their shares to the Axiata Group, a giant Malaysian multinational telecommunications conglomerate.
• Represented international banks in the mega IPO of PT Dayamitra Telekomunikasi Tbk (Mitratel), a subsidiary of state-owned PT Telkom Indonesia (Persero) which was hailed as the second largest IPO in the history of Indonesia Stock Exchange.
• Represented PT Global Digital Niaga Tbk, a leading e-commerce company in Indonesia in its IPO which was labelled as the second largest IPO in Indonesia for 2022.
• Represented PT Anugerah Surya Pacific Resources, one of the most prominent mining conglomerates in Indonesia, in connection with the sale of the majority shares in two of its subsidiaries engaged in nickel mining business.
• Represented PT Agung Podomoro Land Tbk, (the "Client"), a giant real estate developer in a project whereby the Client’s ownership over Central Park Mall, one of the most well-known assets developed and managed by the Client,was acquired by PT CPM Assets Indonesia, a company ultimately controlled by Hankyu Hanshin Properties Corp, which is also a prominent real estate developer based in Osaka, Japan.
• Represented PT Profesional Telekomunikasi Indonesia, one of the largest independent tower companies in Indonesia for its mega acquisition of 94.03% shares of PT Solusi Tunas Pratama Tbk.
• Represented PT Fajar Surya Wisesa Tbk (”FASW”) in the sale of its shares to SCG Packaging Public Company Limited through its subsidiary from the existing shareholders of FASW, representing 55% of the total issued and fully paid-up capital of FASW through crossing in the bourse.
• Represented PT Global Berkat Usahatama in the mega acquisition of 100% shares of two operating Indonesian companies that are subsidiaries of one of the world’s largest producers of certified sustainable palm oil.
• Represented LMIRT Capital Pte. Ltd, a subsidiary of Lippo Malls Indonesia Retail Trust in its issuance of guaranteed Senior Notes due in 2026.