Singapore’s WongPartnership has expanded into Indonesia by teaming with Jakarta-based firm Makes & Partners.
Makes & Partners specialises in M&A, capital markets, and restructuring and insolvency deals. It had advised on the $1.3 billion listing of Matahari Department Store on the Jakarta Stock Exchange last year.
WongPartnership has previously advised on Indonesia-related deals including DBS’ bid for Indonesian lender Bank Danamon and Indofood Sukses Makmur’s $590 million purchase of China Minzhong.
WongPartnership’s latest alliance with Makes & Partners closely follows the firm’s partnership with Foong & Partners in Malaysia last November, and the launch of a Myanmar office in June this year. WongPartnership now has eight offices across Southeast Asia, China, and the Middle East.