Ken Prasadtyo listed in the 2024 ALB Asia Super 50 TMT Lawyers
We are proud to announce that our partner, Ken Prasadtyo, has been honored as one of
TnP had the honor of representing PT Ancara Logistics Indonesia Tbk (ALII) as its legal counsel for its initial public offering (IPO) and listing process. Aside from assisting ALII with the registration statement process at the Otoritas Jasa Keuangan (OJK) and listing on the Indonesia Stock Exchange, the transaction also included an extensive pre-IPO restructuring process for increasing the company’s value in preparation for the IPO.
ALII as the issuer issued a total of 3,165,160,000 ordinary shares with nominal value of Rp5 per share or representing 20.00% from the issued and fully paid capital after the IPO, which is offered to the public at an offering price of Rp272 per share. ALII also allocated a total number of 8,002,000 shares or 0.25% of the shares offered in the IPO for Employee Stock Allocation Program (ESA Program). The total IPO proceeds were Rp860,92 billion.
We’re proud to have played a key role in ALII’s successful IPO. Special thanks to our dedicated team led by Partners, Rambun Tjajo and Ken Prasadtyo, with primary support from Associate Partner, Brahmantyo Jatiwidianto and Associates, Aditya Dharmawan, and Farrel Putra Mirzanda.
We are proud to announce that our partner, Ken Prasadtyo, has been honored as one of
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Celebrate with us as we extend our congratulations to Afif, our Senior Associate, for being
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We are thrilled to share that TnP Law Firm has been recognized and ranked in