7 October 2025
We are proud to have advised PT Saka Industrial Arjaya (SIA), a subsidiary of PT Astra International Tbk (ASII), on its approximately USD 202 million acquisition of an 83.67% stake in PT Mega Manunggal Property Tbk (MMLP) — a company listed on the Indonesia Stock Exchange and a key player in Indonesia’s warehousing sector. This deal reflects ASII’s strategic commitment to expanding its footprint in the logistics and industrial property sector. We’re proud to be part of the journey.
Congratulations to our incredible team led by Partner Iqbal Darmawan who was supported on this transaction by Foreign Legal Consultant Andrew Gadd, and Senior Associate Eric Chunata.