TnP Law Firm Assisted PT Pantai Indah Kapuk Dua Tbk in IDR 6.5 trillion Private Placements

We are honored to have played a pivotal role in assisting PIK2 (PANI), a prominent subsidiary of the Agung Sedayu Group and Salim Group, in executing two significant rounds of private placements (non-pre-emptive rights) totaling IDR 6.5 trillion. This strategic initiative marks a cornerstone in PANI’s ongoing business expansion.

From transaction structuring to flawless execution, our dedicated team worked meticulously under the esteemed leadership of Partner, Rambun Tjajo, with key contributions from Associate Partner, Brahmantyo Jatiwidianto, and Associates, Christine Setiawati and Andrew Jonathan.

This accomplishment is a testament to our team’s expertise, reinforcing our commitment to providing impactful legal solutions that drive our clients’ success and growth.

Please see the links below for media coverage:

• https://market.bisnis.com/read/20240828/192/1794918/emiten-grup-agung-sedayu-dan-salim-pik-2-pani-belanja-landbank-232-hektare
• https://www.topbusiness.id/96067/lakukan-rights-issue-pani-tambah-kepemilikan-land-bank-sebanyak-232-ha-di-pik-2.html