FI RM

P ROFILE
Lawyering is an art, not only it requires logic, methodical
and analytical thinking, it also requires creativity and imagination.
Only by exercising those elements one can become
a wholesome lawyer, think outside the box and create innovation.
01
P&W is an Indonesian law firm who is dedicated to
F I RM OVE RVI EW

working with clients, both domestic and foreign clients,

to help them overcome legal challenges in the course of
achieving their commercial goals and business strategies
in Indonesia.

With its lawyers’ legal expertise and local knowledge,

P&W is committed to helping clients find the best and
appropriate solutions to their legal issues. We believe
that understanding clients’ needs and commercial goals
is of the utmost importance in order for us to devise and
deliver the best and appropriate legal solutions to
clients.

We are committed to deliver added value to clients by

providing our insights and innovative solutions to help
clients solve their complex business issues and achieve
their competitive advantages.
02
FOU N D I NG PART NER S

Dini Purwono
T: +62 21 2550 2692
M: +62 817 893 398
E: dspurwono@pwlaw.co.id

PRACTICE FOCUS

SECURITIES & CAPITAL MARKETS MERGER & ACQUISITION GENERAL CORPORATE

PRACTICE DESCRIPTION

Dini Purwono is a qualified lawyer under Indonesian law. She is a member of the Indonesian Advocates
Association (Perhimpunan Advokat Indonesia / PERADI), registered with the Indonesian Financial
Services Authority (Otoritas Jasa Keuangan / OJK) as a Capital Market Legal Consultant, and also a member
of the Association of the Indonesian Capital Market Legal Consultants (Himpunan Konsultan Hukum Pasar
Modal / HKHPM).

Dini has been practicing as corporate lawyer since 1997, with an extensive experience in securities, capital
markets and M&A. She advises on the Indonesian legal aspect of capital markets and securities transactions,
which includes initial public offering, rights issue, bonds issuance, private placement, material transactions,
conflict of interest transactions and tender offer. Her broader experience includes advising on domestic and
cross-border M&A transactions, on establishment and restructuring of foreign investment companies, and
on sale of strategic stakes of public and private companies to domestic and foreign investors.

Dini started her lawyering career in 1997 at Hadiputranto, Hadinoto & Partners, an Indonesian
correspondent of the international law firm Baker & McKenzie. She practiced law at the firm for 8 years with
latest position as Senior Associate. She then left to become Head Legal of one of the premier Indonesian
financial institutions, PT Danareksa (Persero), a state-owned company. After her 3-years’ career in
Danareksa, she moved back to private practice and became Partner for 2 years at Roosdiono & Partners, an
Indonesian law firm having an affiliation with Zaid Ibrahim & Co, one of the leading law firms in Malaysia.
Subsequently, Dini joined Christian Teo & Partners, an Indonesian law firm having an association with
Stephenson Hardwood, a UK based law firm. After her 8-years’ partnership at the last firm, Dini moved on
and establish P&W.

In addition to being a corporate lawyer, Dini also had the opportunity to serve as Special Staff to the
Chairman of the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal /
BKPM) from 2012 to 2014 and as Special Staff to the Indonesian Minister of Finance from 2013 to 2014.
While serving as Special Staff to the Chairman of BKPM, Dini was also a member of the Investment
Committee of BKPM.

Dini graduated from University of Indonesia in 1997 and obtained her Master degree (LL.M) in International
Finance Law from Harvard Law School, USA in 2002 as Fulbright Scholar.
03
FOUN D I NG PART NER S

INE WIDYAYANTI
T: +62 21 2550 2693
M: +62 813 173 53886
E: iwidyayanti@pwlaw.co.id

PRACTICE FOCUS

BANKING & FINANCE PROJECT FINANCE GENERAL CORPORATE

PRACTICE DESCRIPTION

Ine Widyayanti is a qualified lawyer under Indonesian law. She is a member of the Indonesian
Advocates Association (Perhimpunan Advokat Indonesia / PERADI) and the Indonesian Legal
Consultant Association (Asosiasi Konsultan Hukum Indonesia / AKHI).

She has been practicing as corporate lawyer since 2000, with an extensive experience in banking,
finance, project finance and infrastructure. Ine advises on devising financing structures,
acquisition financing including drafting terms sheets, loan agreements, security documents and
other transaction documents. She also has substantial experience in Indonesian Public Private
Partnership (PPP) transactions and debt restructuring.

Ine started her lawyering career in 2000 at the Law Office of Wiriadinata & Widyawan, later
known as Wiriadinata & Saleh. She practiced law at the firm for almost 10 years with latest
position as Senior Associate. She then left private practice and continue lawyering as in-house
counsel. She has the experience of holding the position of Head of Legal in Pakuwon Group,
a major property developer in Jakarta & Surabaya, and as Legal Manager in HSBC, Jakarta.

Prior to establishing P&W, Ine has served as Head of Transaction Legal for 5 years in
PT Indonesia Infrastructure Finance (“IIF”), a financial institution under the World Bank Group
& the Ministry of Finance of the Republic of Indonesia that engage in infrastructure financing
activities, with her latest position as Senior Vice President. During her service at IIF, Ine was named
by “The Legal 500” as one of the most influential in-house lawyers in the Southeast Asia region
(GC Powerlist, 2018).

Ine graduated from University of Padjadjaran, Bandung in 1997 and obtained her Master degree
(LL.M) in International Business Law from Leiden University, The Netherlands in 1999 with full
scholarship.
04
G en e ra l Co rp orate
PR ACT ICE A R EA S

P&W offers a broad range of corporate legal services to domestic clients and foreign clients who
wish to access Indonesian markets. Our lawyers will assist you on various commercial law aspects
such as general regulatory requirements for conducting business in Indonesia, preparation of
corporate documents and commercial agreements, including articles of incorporation and its
amendments, joint venture agreement and standard general licenses.

Ba n ki n g & F i nance

P&W provides legal assistance in banking & finance sector for both domestic and foreign clients in
various exercises of financial transactions. We provide general advices on regulatory and
compliance issue, from simple secured or unsecured bilateral lending to complex financing structure
in any sector of business, such as syndicated loans, club deals, property finance, acquisition finance,
and structured finance.

M e rg e r & Ac q uisi tion s

P&W provides legal assistance in M&A sector for both domestic and foreign clients relating to an
onshore merger or acquisition. We help clients in fine tuning the structure to be in accordance with
the regulatory requirements, conducting legal due diligence for the purpose of identifying existing
legal issues and/or potential legal issues which may arise out of the transaction, providing clients
with legal due diligence report, preparing transaction documents and closing documents.

P ro j e ct F i na n ce

P&W provides legal assistance to lenders, borrowers, project sponsors and developers, advising on
every legal aspects involved in securing and managing a project finance transaction in diverse
business sectors, including infrastructure sectors such as transportation, water, power and energy as
well as telecommunication. Our expertise in all aspects of project finance allows us to deliver
effective and valuable legal advice.

SE CURI TI E S & C apital Markets

P&W provides legal assistance in capital markets sector for both domestic and foreign clients in
various type of transactions. We advise on the Indonesian legal aspects of capital markets and
securities transactions, such as initial public offerings, dual-listings, private placements, rights issues,
bonds issuance and tender offer. We are qualified to issue legal due diligence report and legal
opinion for the purpose of registration with the Indonesian Financial Services Authority (Otoritas
Jasa Keuangan/OJK).
 Di n i P urwo n o
Partner

REPRESENTATIVE DEALS

• Advising PT SITIAGUNG MAKMUR, an Indonesian property development company which owns Banyan Tree Bali, in relation
to the restructuring and settlement of US$6,000,000 Offshore Notes.

• Advising PT ORIENTAL INDAH BALI HOTEL, an Indonesian property development company which owns Conrad Bali, in
relation to issuance of US$30,000,000 Medium Term Notes (MNT) offered to offshore investors.

• Advising JOHNSON & JOHNSON LIMITED in relation to the potential acquisition of an Indonesian public listed company.

• Advising PT BANK EKSEKUTIF TBK (currently known as BANK PUNDI) in relation to the acquisition of a bank by way of
Rights Issue, including issuing a legal opinion on the Rights Issue for the purpose of securities filing with Badan Pengawas Pasar
Modal dan Lembaga Keuangan (Bapepam-LK).
• Advising PT CARDIG AIR SERVICE, an Indonesian cargo airline, in relation to an acquisition of a catering company.

• Advising PT BAYAN RESOURCES TBK, an Indonesian coal mining company, in relation to an acquisition of a number of coal
companies in Kalimantan, including issuing a legal opinion on the transaction for the purpose of securities filing with Badan
Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam-LK).

• Advising HONAM PETROCHEMICAL CORPORATION, a Korean petrochemical company (part of Lotte Group), on
Indonesian laws perspective in relation to the takeover of the offshore parent of an Indonesian listed public company, assisting in the
mandatory tender offer process required as the consequence of the takeover, including issuing a legal opinion on the mandatory
tender offer for the purpose of the required filing with Badan Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam-LK).
• Advising MARUBENI, a major Japanese integrated trading and investment business conglomerate, in relation to an acquisition by
Marubeni Group of an Indonesian multi finance company.

• Advising PT PRIMA VISTA SOLUSI, an Indonesian company providing electronic payment systems, in relation to its full shares
disposal to Wirecard A.G., a German listed IT company.

• Advising PT SURYARAYA INVESTAMA, an Indonesian property development company which owns Melia Hotel Yogyakarta and
Kuala Lumpur, in relation to hotel properties ownership restructuring. The deal is a massive and complex ownership restructuring of
hotel properties operated and managed by Melia Group, which are located in 4 (four) areas, being Jakarta, Yogyakarta, Bali and Kuala
Lumpur.
• Advising PT BENAKAT PETROLEUM ENERGY TBK, an Indonesian oil and gas company, in relation to a port acquisition.

• Advising PT HOME CREDIT INDONESIA, an Indonesian consumer financing company (a foreign investment company /
PMA), in relation to its entering into a bilateral loan agreement and joint consumer financing agreement with PT Bank Tabungan
Pensiunan Nasional Tbk (BTPN).

• Advising PT DHARMA SATYA NUSANTARA TBK, an Indonesian plantation company, in relation to an acquisition of a
number of palm oil companies in Kalimantan owned by a UK public company.

• Advising PT GRESIK JASATAMA, an Indonesian port operator company, in relation to medium term notes (MTN) issuance and
preparation of an initial public offering (IPO).

• Advising PT SURYARAYA CAPITAL, an Indonesian property development company, in relation to restructuring of its joint
venture agreement with Capitaland Group, one of the leading property developers in Singapore.

• Advising WIRECARD A.G, a German listed IT company, in relation to an acquisition of a certain merchant acquiring business in
Indonesia as part of a worldwide acquisition.

One Pacific Place, 15th Floor, Sudirman Central Business District, Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia
T +62 21 2550 2492 | E info@pwlaw.co.id | W www.pwlaw.co.id
 INE W IDYAYA N TI
Partner

REPRESENTATIVE DEALS

• Representing PT INDONESIA INFRASTRUCTURE FINANCE (“IIF”) as the Joint Mandated Lead Arrangers together with
Bank Mandiri in relation to the financing of the development of suprastructure facility of the Belawan International Container Terminal
Phase-2 Expansion in the amount of approximately USD70,000,000.

• Representing IIF in relation to syndicated facility arranged by BCA for the refinancing of Cikampek Palimanan toll road including its
extension to the Kertajati Airport in the amount of IDR8,889,100,000,000.

• Representing IIF in relation to IDR11,363,386,000,000 syndicated financing facility provided for the construction of Jakarta Cikampek
II Elevated Toll Road developed by PT Jasamarga Jalanlayang Cikampek.

• Representing IIF as Joint Mandated Lead Arrangers together with BNI in relation to the financing of a Public Private Partnership
(“PPP”) project in water sector for the development, operation and maintenance of drinking water supply system in Bandar Lampung
city, as a part of the national strategic project.

• Representing IIF as Mandated Lead Arranger in relation to financing the first PPP project in water sector that reached financial close
in Indonesia, for the development and operation of drinking water supply system from Umbulan to 5 regencies in East Java Province
together with development of 92.3 km transmission pipeline.

• Representing IIF as Mandated Lead Arranger in relation to financing of Palapa Ring Project Phase II, the third PPP project that reached
financial close in Indonesia, for the construction of fiber optic broadband to connect the western part & eastern part of Indonesia.

• Representing IIF in relation to provision of bilateral financing facility to airport sector, namely PT Angkasa Pura II (Persero) for the
Terminal III expansion in Soekarno-Hatta International Airport and syndicated facility to PT Angkasa Pura I (Persero) for the
development of new Kulon Progo Airport.

• Representing IIF in relation to provision of Guarantee Facility on the first larger scale wind farm project to be developed and operated
in Indonesia – the 70 MW Wind Power Plant in South Sulawesi, funded by Overseas Private Investment Corporation (OPIC) in amount
of US$120,000,000 term loan facility.

• Representing IIF in relation to the bilateral facility in relation to development of mini-hydro power plants, namely the 2x5 MW Mini
Hydro Sangir Hulu Power Plant project located in Solok, West Sumatra and the 2x3.7 MW Mini Hydro Tomata Power Plant project
in Tomata, Central Sulawesi.

• Representing IIF in relation to US$285,250,000 refinancing facility of hydro-power plant company located in Asahan arranged by
International Finance Corporation (IFC).

• Representing PT PAKUWON JATI TBK in relation to the club deal loan facility totalling of approximately US$935,000,000,000
from 3 (three) banks, for the purpose of refinancing global bonds and capital expenditure of the company in 2012 and Rights Issue III
conducted by the company in 2011.

• Acting for CHINA DEVELOPMENT BANK in relation to the proposed US$400,000,000 Murabaha Financing Facility to
PT Natrindo Telepon Selular.

• Acting for PT TUNAS RIDEAN TBK in the acquisition of PT Tunas Financindo Sarana by Bank Mandiri.

• Acting for PT MERPATI NUSANTARA AIRLINES in relation to the financing and company revitalisation program by
PT Perusahaan Pengelola Asset (Persero).

• Acting for PT PUKUAFU INDAH, as guarantor, in connection with the US$350,000,000 notes issuance by Merukh Global Minerals
B.V. arranged by BNP Paribas.

• Acting for CHINA DEVELOPMENT BANK in connection with the US$300,000,000 financing to PT Smart Telecom.

One Pacific Place, 15th Floor, Sudirman Central Business District, Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia
T +62 21 2550 2492 | E info@pwlaw.co.id | W www.pwlaw.co.id
 One Pacific Place, 15th Floor, Sudirman Central Business District
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia

T +62 21 2550 2492 | E info@pwlaw.co.id | W www.pwlaw.co.id