News

Government Regulation No. 34 of 2025: Asset Management Framework for Danantara

07 Jan 2026 OverviewThe establishment and operational framework of Daya Anagata Nusantara Investment Management Agency (“Danantara”) is grounded in the recent amendments to the State-Owned Enterprises Law (Law No. 19 of 2003, as amended by Law No. 16 of 2025) (the “SOE Law”), which introduce Danantara as a strategic state-owned holding company. In furtherance of this framework, Government Regulation No. 34 of…

Appointment of New Partners

06 Jan 2026 The newly appointed Partners joined ABNR Counsellors at Law at different stages of their careers. Some began as trainee associates, while others joined as Associates. Each progressed through the firm by demonstrating technical excellence, sound judgment, and a sustained commitment to clients and colleagues.Their appointments reflect the firm’s approach to partnership as a long-term professional journey.…

ABNR Assisted a Successful Listing of Seres Group Co. Ltd. on SEHK

22 Dec 2025 We are pleased to congratulate our client, Seres Group Co. Ltd. (“Seres”), on the successful completion of its Initial Public Offering (IPO) on the Stock Exchange of Hong Kong (SEHK) on 5 November 2025. Seres, a technology company focused on the automotive sector, raised approximately HKD 14.3 billion through the IPO, exceeding the initial offering size and including the exercise of the over-allotment…

ABNR in Chambers Asia-Pacific 2026

17 Dec 2025 Thank you to our clients and referees. Your trust and feedback are reflected in ABNR Counsellors at Law’s Chambers & Partners Asia-Pacific 2026 rankings, with recognition across a broad range of practice areas and individual lawyer rankings.In the 2026 guide, ABNR is ranked Band 1 for Employment and Technology, Media & Telecommunications (TMT), and Band 2 for Banking & Finance, Competition/Antitrust,…

ABNR Ranked in Band 1 Chambers FinTech Legal 2026

10 Dec 2025 It is with great honor that we share ABNR’s achievement as a Band 1 firm in Chambers FinTech Legal 2026. This recognition highlights the work we do across the full spectrum of Indonesia’s financial-services and digital-asset landscape, including regulatory and licensing analysis, market-entry and product-structuring strategies, cross-border investments, digital-banking and e-money arrangements, as…

ABNR Successfully Assists POSCO International on Landmark Acquisition of Sampoerna Agro

09 Dec 2025 ABNR is pleased to announce that we have successfully assisted POSCO International, the trading and energy arm of the POSCO Group, on its acquisition of a 65.72% stake in PT Sampoerna Agro Tbk (SGRO) through its Singapore-based subsidiary, AGPA Pte. Ltd. This cross-border transaction, valued at approximately USD 566 million (IDR 9.44 trillion), represents one of the most significant agribusiness M&A…

ABNR Advises on Indonesian Legal Aspects of Infinity Development Holdings’ Singapore IPO

04 Dec 2025 ABNR is pleased to announce that we have acted as Indonesian legal counsel to Infinity Development Holdings, a Hong Kong-based manufacturer of industrial adhesives, in connection with the Indonesian aspects of its successful initial public offering on the Singapore Exchange (SGX) Catalist Board on 3 December 2025 under the stock code 'ZBA'.The company sought to raise approximately SGD 13.7 million…

The Fourth Amendment to the SOE Law: Institutional Realignment and Strategic Reform

24 Nov 2025 OverviewIn October 2025, Indonesia issued Law No. 16 of 2024 on the Fourth Amendment to Law No. 19 of 2003 on State-Owned Enterprises (the “Fourth Amendment”)[1] to optimize the management of State-Owned Enterprises (“SOEs”) and accelerate institutional transformation.Although this development follows closely on the changes introduced under the Third Amendment in February 2025[2], which…

At long last: Indonesia is set to issue a landmark crypto offering regime

18 Nov 2025 Introduction: From Commodity Trading to Regulated OfferingsFor years, Indonesia’s approach to crypto assets was defined by what it didn’t regulate. Since 2019, the Commodity Futures Trading Regulatory Agency (Bappebti) allowed crypto trading as a commodity but kept a deliberate distance from regulating coin offerings themselves. The focus was on trading infrastructure. That era is ending.With…

ABNR Advises Telkom Indonesia on USD 2.16 Billion Partial Spin-Off of Its Wholesale Fiber Connectivity Business and Assets

14 Nov 2025 ABNR has advised PT Telekomunikasi Indonesia (Persero) Tbk (Telkom Indonesia) on the partial spin-off of its wholesale fiber connectivity business and assets to its subsidiary, PT Telkom Infrastruktur Indonesia (TIF), which operates under the InfraNexia brand.Telkom Indonesia and its subsidiary, TIF, signed a Conditional Spin-off Agreement (CSA) on Monday, 20 October 2025. The transaction, valued…

ABNR Proudly Supports OSL Group’s Expansion into Indonesia’s Digital Financial Asset Markets through Its Acquisition of Koinsayang

11 Nov 2025 We are delighted to share that ABNR had the privilege of advising OSL Group Limited (“OSL”), one of Asia’s leading digital financial asset platforms listed on the Hong Kong Stock Exchange, on its successful acquisition of KoinSayang. Through Koinsayang, OSL Group now holds licenses for both spot and derivatives digital asset trading, via PT Multikripto Exchange Indonesia (MEI) and PT Langit Indonesia…

Electricity Infrastructure Acceleration: What’s New in PR 89/2025

10 Nov 2025 The President recently issued Presidential Regulation No. 89 of 2025 (“PR 89/2025”) on Electricity Infrastructure Acceleration, the second amendment to the framework established by Presidential Regulation No. 4 of 2016, as amended by, Presidential Regulation No. 14 of 2017 (together, the “Prior Regulations”). This update aims to accelerate electricity-infrastructure development by harmonizing its…