Angelica Ayu Maharani

With a legal career spanning nearly two decades, Angelica brings deep and multifaceted expertise to her role as Partner at Assegaf Hamzah & Partners, which she joined in 2010. She began her journey in the legal profession in 2006, gaining valuable experience as an advocate’s assistant before transitioning into corporate and commercial law.

Angelica is a seasoned advisor in complex mergers and acquisitions (M&A), representing both domestic and international clients across a broad range of high-profile transactions. Her capabilities extend across the full deal cycle—from leading due diligence exercises to structuring, drafting, and negotiating commercial agreements. Her practice also encompasses foreign direct investment, joint ventures, shareholder arrangements, employment matters, land acquisitions, and regulatory issues in the healthcare sector.

In addition to her corporate law practice, Angelica has played an active role in capital market transactions, enhancing her reputation as a well-rounded legal counsel. She advises clients from diverse industries, including technology, broadcasting, petrochemicals, mining, e-commerce, fast-moving consumer goods, multifinance, and real estate.

Recognized for her responsiveness, clarity, and commercial insight, Angelica is a trusted legal partner for businesses navigating Indonesia’s evolving legal and regulatory environment.

• Acted as the Indonesian counsel to an Indonesian-based web portal start-up company on the restructuring its group companies in relation to the receipt of two tranches of investment, amounting to USD 1.2 million and USD 83 million.
• Acted as counsel to a Japanese packaging company in its joint venture with an Indonesian packaging and manufacturing company.
• Advised Southgate Ventures Pte Ltd, an educational services provider, on the restructuring of its group structure including its local foundations holding the management of the Singapore School in various cities in Indonesia.
• Represented the issuer, parent guarantor and guarantors in the USD 23 million global bonds offering by PT Alam Sutera Realty Tbk., a wholly owned subsidiary of PT Alam Sutera Tbk., a leading Indonesian real estate developer. The bonds are listed on the Singapore Exchange.
• Acted as counsel to PT Bank CIMB Niaga Tbk (CIMB Niaga) as lender on the approximately USD 76 million loan facility to PT Net Mediatama Televisi, which were used for intercompany transfer of assets, purchase of broadcasting equipment, construction and renovation of studios, acquisition of companies and development of programs. We assisted CIMB Niaga on preparation of the loan documentation including security documents and advising on Indonesian law-related matters.
• Assisted one of the largest Indonesian telecommunication provider companies in setting up a joint venture with a local telecommunication devices provider.