Ilma joined ABNR as an assistant lawyer in May 2018 and was made an associate shortly thereafter. She graduated cum laude in 2018 from the Faculty of Law, University of Indonesia, majoring in economic and business law. During her university years, she was active in various student organizations, including Indonesian Law Debating Society (ILDS). She also participated in various debating competitions and was on the winning team in a constitutional law debating competition held by the Indonesian Constitutional Court in 2016.
Ilma’s main areas of professional practice cover Competition, Foreign Direct Investments (FDI) and Corporate/Mergers and Acquisitions (Corporate/M&A).
In Competition, she consistently represents the clients in post-merger notifications to the Indonesian Competition Commission (KPPU), KPPU investigations on allegation of violations against Indonesian Competition Law and advising on competition law compliance such as cartels and dominance. Her recent works include (i) Indonesian legal counsel of Discovery Inc. (now Warner Bros Discovery Inc.) for the acquisition of WarnerMedia valued at approximately USD 100 billion, and (ii) represented Woori Card Co., Ltd. for the share acquisition in PT Woori Finance Indonesia Tbk for the whole notification process to the KPPU.
In FDI, she has assisted numerous of foreign investors in establishing presence in Indonesia in a variety of law sectors. Her assistance also includes providing guidance on the suitable lines of business under the Indonesian standard business classifications, investment requirements, and other regulatory and compliance issues.
In Corporate/M&A, she has involved in numerous due diligence, projects and transactions, including assisted PT Dian Swastatika Sentosa Tbk. (Sinar Mas Group) in acquisition of DANA, one of the biggest e-wallet platforms in Indonesia.
Apart from her main areas of practice, she was also involved in several major transactions in the capital market, projects, and infrastructures and restructuring. Her works include assisted PT Kereta Api Indonesia (Persero) in the issuance of IDR 2 trillion bonds and sukuk ijarah registered at the Indonesia Stock Exchange, represented PT Indo Raya Tenaga (Project Company) in USD 2.7 billion project financing for 2,000MW Jawa 9-10 Power Project and represented lessors in USD 9.8-billion debt restructuring of PT Garuda Indonesia (Persero) Tbk.
Ilma also contributes articles to publications by ABNR and is a co-contributor of Vertical Agreements in Indonesia 2022, published by Getting the Deals Through (GTDT).