Fransisca .
Asia-Pacific Guide 2024
Band 5 : Corporate/M&A
About
Provided by Fransisca .
Practice Areas
Fransisca is a Partner at Makes & Partners, and she heads the Firm’s Banking and Finance Practice Group and is a key figure in the Firm’s M&A and Real Estate practice.
Career
Through her work over the years, Fransisca has developed extensive experience and expertise in identifying key legal and commercial issues, analysing the interests of her clients’, and delivering a comprehensive solution for those issues. Fransisca’s intelligence and mastery of the law have sustained and developed particularly important relationships for the Firm. These qualities have earned her the unparalleled trust of clients who believe that she has the “right solution to immediately resolve even the hardest problems”.
Fransisca is the quintessential “power woman” and sets a great example of how women in the legal industry can emerge as strong leaders. She is routinely sought by clients to assist them in financing projects, acquisition, and other corporate matters. The in-depth knowledge and acute legal skills that she brings to the table when advising and negotiating for both domestic and cross-border transactions have garnered her recognition and appreciation from the clients and the legal industry at large.
Professional Memberships
• Registered member of the Capital Market Consultants Association (Himpunan Konsultan Hukum Pasar Modal).
• Regularly provides legal updates for the Knight Frank Investment Guide.
Publications
• Chambers and Partners-Asia Pacific, Indonesia Chapter on Mergers and Acquisitions (2022-2023)
• Legal 500, The In-House Lawyer, Indonesia Chapter on Real Property (2023)
• International Law Reviews, Indonesia Chapter on Mergers & Acquisitions (2023)
• Getting the Deal Through (GTDT), Indonesia Chapter on Mergers and Acquisitions (2022)
Personal
Fransisca is an excellent team leader and always proves to be a constant support, guide and motivator to her team members. Her ability to navigate complexities with finesse and deliver exceptional results showcases her prowess in dealing with challenging situations. Fransisca's performance does not only exhibit just her legal acumen but also her determination to ensure success amidst high-pressure scenarios, making her an invaluable asset in driving successful transactions.
Her diligence, commitment, and conviction to meet stringent deadlines along with her team, is a testament to her passion towards her profession. With her “think on her feet” and “never give up” attitude she is able to navigate even the most complex legal scenarios to achieve the desired results for her clients.
Clients
• PT Global Berkat Usahatama
• PT Agung Podomoro Land Tbk.
• PT Global Digital Niaga
• PT Sinarmas Asset Management
• PT Matahari Putra Prima Tbk.
• Kohlberg Kravis Roberts & Co. L.P.
• PT Gozco Capital
• PT Fajar Surya Wisesa Tbk.
• PT First Media Tbk and Asia Link Dewa Pte. Ltd
• CVC Capital Partners
• PT Lippo Karawaci Tbk.
• PT Soechi Lines Tbk.
Work Highlights
Fransisca has been involved in several high profile and complex transactions that span across Makes & Partners’ practice areas, including representing / acting for the following:
• PT Global Digital Niaga (a member of the Djarum Group, popularly known as Blibli) in connection with its IPO, which was hailed as the second largest IPO in 2022 and fifth largest IPO in the history of IDX to date.
• PT Agung Pomodoro Land Tbk., in connection with the acquisition of its ownership over 152 strate titles of Neo Soho Mall, one of the most well-known and popular assets in Indonesia by PT NSM Assets Indonesia, a company ultimately controlled by Hankyu Hanshin Properties Corp.
• PT Sinarmas Asset Management, in the Public Offering of Dana Investasi Real Estate (Real Estate Investment Fund or "DIRE") Simas Plaza Indonesia. DIRE Simas Plaza Indonesia is the largest DIRE that has ever been offered in Indonesia, and the first DIRE whose units are listed on the Indonesia Stock Exchange.
• PT Matahari Putra Prima Tbk. in connection with the sale and purchase of its shares in PT Matahari Department Store Tbk. and certain intellectual property rights to PT Meadow Indonesia.
• Kohlberg Kravis Roberts & Co. L.P (“KKR”), one of the biggest global private equity firms in the mega-acquisition of 100% of the business and assets under certain brands and sub-brands of the iconic Australian brand Arnott’s, Kimball, Country Ladle, and Campbell by an affiliate of KKR.
• PT Gozco Capital, in the sale of its shares in PT Bank Yudha Bhakti Tbk (now Bank Neo Commerce), a publicly listed company, to Akulaku (through PT Akulaku Indonesia), a multinational E-commerce platform company and affiliate of Alibaba.
• PT Fajar Surya Wisesa Tbk (“FASW”) and its selling shareholder in the acquisition of shares in FASW by the Siam Cement Group Packaging Public Company Limited, from the existing shareholders of FASW through crossing in the bourse.
• the two largest shareholders of PT Link Net Tbk (one of Indonesia’s biggest cable TV operators and fixed broadband internet provider), for the sale of its shares to Axiata, a Malaysian multinational telecommunications conglomerate.
• PT Lippo Karawaci Tbk., in connection with the obtainment of a syndicated loan facility from PT Bank Negara Indonesia and PT Bank CIMB Niaga Tbk.
• PT Anugerah Surya Pacific Resources, one of the biggest and most prominent mining conglomerates in Indonesia in connection with the sale of the majority shares in 2 (two) of its subsidiaries engaged in the nickel mining business activities in Indonesia, namely PT Stargate Pacific Resources and PT Stargate Mineral Asia to DTN, a subsidiary of PT United Tractors Tbk.
Industry Sector Expertise
• Mergers and Acquisition
• Banking and Finance
• Real Estate
Expert in these Jurisdictions
Indonesia
Languages Spoken
English
Indonesian
Education
Catholic University of Trisakti
Bachelors in Law
Awards
Asia's Top 15 M&A Lawyers
Asian Legal Business
2023
Dealmaker of the Year in Southeast Asia
Asian Legal Business (Women in Law Awards)
2023
Distinguished Practitioner
Asialaw
2023
Leading Individual
Legal 500
2022
Highly Regarded Leading Lawyer
IFLR1000
2022
A List - Top 100 Lawyers in Indonesia
Asia Business Law Journal
2023
Women Leaders of Indonesia
IFLR1000
2022
Chambers Review
Asia-Pacific
Fransisca is well placed to advise Indonesian and foreign clients on M&A and joint ventures, including within the real estate and healthcare sectors.