Managing Partner: Yozua Makes
Number of partners: 4
Number of lawyers: 30
Languages: English, Indonesian
Founded in 1993, Makes is an independent, innovative and creative Indonesian law firm with a history of forward thinking. Makes advises both Indonesian and international clients and helps them achieve their commercial goals by providing timely, practical and high quality legal services. Makes also has an exclusive strategic alliance with Wong Partnership, one of the top tier law firms in Singapore.
As a trendsetter, Makes achieved a number of firsts in Indonesia. Makes advised on the first IPO of an Indonesian real estate investment trust on the Singapore Stock Exchange, the first privatisation of an Indonesian state-owned company, the first voluntary tender offer, the first non-cash settlement rights issue and many others. Makes’s track record shows a propensity for innovation and groundbreaking achievement.
Main Areas of Practice:
Corporate Finance & Banking
Mergers & Acquisitions
Privatisations @ Divestments
Capital Investment (including Joint Ventures)
Energy, Resources & Mining (including Power Plants)
Project Finance, Public Utilities & Infrastructure
Restructurings, Reorganisation, Workouts & Bacnkruptcy
Real Property Development
Media & Broadcasting
Telecommunications & Information
Generaly Corporate & Commercial
Anti-Monopoly & Competition
Litigation & Dispute Resolution
Makes alone was responsible for one-third of the capital markets deals registered in the Indonesia Stock Exchange in 2012. This excellent capital markets practice is responsible for the firm’s international reputation as the 'powerhouse of capital markets' in Indonesia.
Makes acted as Indonesian legal counsel for the sellers in the offer and sale of the shares in a retail giant in Indonesia with a deal value of USD1.3 billion
Mergers & Acquisitions:
On the Mergers & Acquisitions side, the firm was involved in the USD7 billion dollar acquisition of an Indonesian bank which to date, is the largest acquisition of an Indonesian company.
■Makes acted as counsel for one of the largest Indonesian companies in its joint venture with a Japanese insurance giant
■Makes acted as counsel in the internal restructuring of a well-known beer company of its subsidiaries in Indonesia
■Makes acted as counsel for trustee of an Indonesian real estate investment trust in a transaction that involved the acquisition of eight Indonesian shopping malls
■Makes was counsel for a borrower in a loan transaction with a prominent international bank in a USD500 million transaction