Sugianto Osman

Partner, Ginting & Reksodiputro in association with Allen & Overy

Jakarta

Sugianto is an experienced practitioner in M&A, corporate, capital markets and securities transactions in Indonesia. He has a strong track record in the private equity, technology, telecommunications, financial institutions and natural resources sectors. Sugi previously worked in-house as the head of legal of a telecommunications company in Indonesia.

Sources say "He is an amazing lawyer with empathy and great business acumen. He thinks about what is best for the client, not only as a lawyer but also from a business perspective." Chambers Asia Pacific 2019 (Corporate/M&A – Indonesia).

“His strengths include knowing how to shape the advice from the point of view of the client, and he is commercial and practical.” Chambers Asia Pacific 2018 (Corporate/M&A: Indonesia)

“An outstanding lawyer who is resourceful and helpful when assisting with negotiations." Chambers 2020 (Corporate/M&A, Indonesia)

“Sugianto Osman often represents leading Indonesian e-commerce providers on fund-raisings and acquisitions” Chambers 2020 (Technology, Media, Telecoms, Indonesia)

Expertise

Practices

Capital Markets

Corporate and M&A

Sectors

Consumer and Retail

Financial Institutions

Life Sciences

Private Equity

Telecommunications, Media and Technology

Office

Jakarta

Ginting & Reksodiputro in association with Allen & Overy LLP
The Energy Building, 15th Floor, Sudirman Central Business District, Jl Jend Sudirman Kav 52-53
Jakarta 12190
Indonesia

View office →

Qualifications

Professional

Admitted as Advocate, Indonesia, 2007

Academic

LL.M, Leiden University, The Netherlands, 2002

LL.B (Sarjana Hukum), Faculty of Law, University of Indonesia, 1997

News & insights

Publications: 03 FEBRUARY 2020

New regulation relaxes foreign ownership requirements for Indonesian insurers

From January 2020, there has been a relaxation to the existing restrictions on foreign equity ownership of an Indonesian insurer, which will “grandfather” existing foreign ownership interests in excess of the 80% threshold and permit capital increases and spin-offs of Sharia units by insurers without strict adherence to the 80:20 rule.

Publications: 23 OCTOBER 2019

New Presidential Regulation on the use of Bahasa Indonesia: an interpretation of Article 26(3) of the regulation

Presidential Regulation No. 63 of 2019 on the Use of Bahasa Indonesia (PR 63/2019) further affirms the understanding that Language Law permits the use of any foreign language in commercial contracts. PR 63/2019 Article 26(3) contains provisions regulating the use of Bahasa Indonesia that some lawyers have seen as requiring changing the common practice regarding translation. Our view is that one interpretation of Article 26(3) may not require any changes to the current practice.

Publications: 17 MAY 2019

Listed companies’ increase of capital without pre-emptive rights now requires independent (and unaffiliated) shareholders’ approval

OJK recently passed a new regulation on increasing the capital of public companies through pre-emptive rights. This regulation consolidates two regulations regarding pre-emptive and non pre-emptive capital increase of public companies. The change tightens the shareholders’ approval requirement for a non pre-emptive rights issuance carried out by a public company (which is not in financial distress) in order to protect the independent and unaffiliated shareholders’ interests.

Publications: 21 AUGUST 2018

Key Changes on New OJK Regulation on Public Company Takeover

The OJK recently passed Regulation No.9/POJK.04/2018 on Public Company Takeover, which revokes Rule No.IX.H.1. Key changes under the new regulation are a) a takeover that is carried out through a rights issue of the target listed company is no longer exempt from the MTO obligation; b) the MTO can be carried out by a more than 50%-owned subsidiary of the acquirer; and c) there will be no extension (beyond the two year period) in carrying out the sell-down obligation following a takeover and MTO.