We are pleased to announce that PT Jasa Marga (Persero) Tbk (JSMR) has successfully concluded the transaction to acquire an additional 10% of shares in PT Jasamarga Kunciran Cengkareng (JKC) from Synergy Quest International Limited (SQIL) for a total of 16.51 million shares. This strategic acquisition increases Jasa Marga's ownership stake in JKC to 88.67%, up from 78.67%.
AHRP Law Firm provided pivotal legal support throughout this transaction. Our services included conducting comprehensive Legal Due Diligence and drafting a detailed Legal Memorandum concerning the proposed purchase of shares from PT Istaka Karya (Persero) (In Bankruptcy) and Synergy Quest International Limited (SQIL).
Our dedicated team, led by our Partners, Irawady Azwar and M. Fadra Heryndra, with the expertise of our Associates, Valen Diyen, Hana Oktaviandri, Indira Jauhara Pratiwi and Tariq Hidayat, ensured that PT Jasa Marga (Persero) Tbk’s interests were safeguarded and that the transaction adhered to all relevant legal requirements, particularly those related to the bankruptcy regulations.
We are proud to have contributed to the successful closure of this significant transaction. We extend our congratulations to Jasa Marga on their strategic expansion and continued growth.
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