A bid is made public in the case of either a mandatory tender offer (MTO), which follows a change of control, or a voluntary tender offer (VTO).

There are no specific requirements or procedures for due dil­igence before acquiring a company. However, it is common and best practice for a bidder to perform due diligence on the target...

In response to the COVID-19 pandemic and its possible effect on the banking and financial sectors, Indonesia's Financial Services Authority has issued a regulation to encourage mergers between problematic banks.

Companies with lines of business that remain unchanged under the 2017 KBLI should not be affected by this requirement.

Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") has enacted new rules to regulate, inter alia, share ownership plans granted by foreign listed entities to employees...

When the Indonesian Government issued Law No. 11 Year 2020 on Job Creation it amended and eliminated, among other things, general provisions on termination procedures and benefits previously stipulated by the Indonesian Manpower Law.

SSEK Law Firm partner Syahdan Z. Aziz discusses Indonesia's Personal Data Protection Law and its implications for employers in a new episode of the Employment Law Alliance's Employment Matters podcast.

There is no prohibition against background checks on applicants. Employers in Indonesia can perform background checks on applicants themselves using publicly available information or by using a third-party service.

Indonesia's Minister of Manpower on March 8, 2023, issued MOM Regulation No. 5 of 2023 regarding the Adjustment of Working Hours and Wages in Certain Export-Oriented, Labor-Intensive...

Meanwhile, the rules on foreign ownership of insurance companies remain unsettled.

Indonesia's Electronic Information Law, Government Regulation 82 regarding the Implementation of Electronic Systems and Transactions, and Ministry of Communication and Informatics (MOCI)

Indonesia's Electronic Information Law, Government Regulation 82 regarding the Implementation of Electronic Systems and Transactions, and MOCI

Indoensia's Electronic Information Law, Government Regulation 82 regarding the Implementation of Electronic Systems and Transactions

SSEK Law Firm partner Nico A. P. Mooduto and associate Agung K. Sihombing recently provided an Indonesia personal data protection briefing more than 100 participants...

Building construction in Indonesia must adhere to technical requirements as imposed by the government. Government Regulation No 36 of 2005 regarding the Implementation of Law No. 28 of 2002

Buyers normally engage local legal counsel to conduct real estate due diligence. The legal counsel will coordinate directly with the seller and, when necessary, the seller's Land Deed Official

Indonesian law is silent as to the warranties that should be given in a real estate sale transaction, by both the seller and the buyer.

SSEK Legal Consultants has assisted NTT Com, a subsidiary of Nippon Telegraph and Telephone Corporation, the largest telecommunications company in Japan and one of the largest globally...

Following the major change in 2021 to the criteria for the registration of vessels in Indonesia, the Director General of Sea Transportation ("DGST")...

The Indonesian Commercial Code ("ICC") provides that a carrier is liable to provide compensation for any damages arising from its failure to deliver cargo, ...