Skadden, Arps, Slate, Meagher & Flom and Makes & Partners have advised Mitra Keluarga Karyasehat, one of Indonesia’s largest hotel operators, on its $343 million initial public offering.
Hadiputranto, Hadinoto & Partners and Baker & McKenzie.Wong & Leow counseled the underwriters and the international selling agents.
According to Reuters, this was Southeast Asia’s second-largest IPO, following that of Thai telecommunications group Jasmine International, which raised 36.7 billion baht ($1.12 billion).
The HHP team was lead by partner Iqbal Darmawan from the Jakarta office, with the Baker & McKenzie.Wong & Leow team led by principal Ashok Lalwani.