Active since 2015, Siahaan Irdamis Andarumi & Rekan is a boutique law firm with an office in Jakarta. Key figures include partners David Siahaan, Kuntum Apriella Irdam and Laksmita Andarumi.
The firm is noted for its banking and finance, corporate and M&A, project development and restructuring and insolvency work. Sectors of focus include industrial and manufacturing, transport, energy, real estate and healthcare.
Highlights
During the research period, the firm maintained an active M&A practice, handling cross-border and domestic strategic transactions for both buyers and sellers. Key mandates included advising Mineral Mas Abadi and Mitra Mas Investama on a multi-stage corporate group formation and representing Formosa Plastics Indonesia in the sale of a land and factory asset to Sariguna Primatirta.
In project finance, the team primarily advised borrowers, notably assisting Cimanggis Cibitung Tollways in securing a loan facility from Indonesia Infrastructure Finance. This transaction supported the vital JORR S2 toll road, a 110.8 km national strategic project connecting Cengkareng to Tanjung Priok.
Key clients
Mineral Mas Abadi, Mitra Mas Investama, Wahana Newbury Sira, Sariguna Primatirta, Aneka Citra Refrindo, Cimanggis Cibitung Tollways, Air Bandung Timur, O-Bank, Bosowa Multi Finance
Testimonials
Banking
“SIAR was among those shortlisted by the lender. We found them to be the most approachable and best aligned with our needs, particularly in terms of commercial sensibility and timely project delivery. Their teams consist of project financing specialists with strong expertise in both commercial and technical.”
“The firm has in-depth understanding of banking and finance transactions, particularly in complex syndicated loan structures for infrastructure projects. Their team demonstrated strong legal expertise, responsiveness, and a solutions-oriented mindset throughout the process. We appreciated their ability to break down complex legal terms into practical advice, which greatly facilitated our internal decision-making.”
“Their professionalism, attention to detail, and ability to coordinate with various stakeholders, including banks, notaries, and our internal departments, ensured the smooth execution of the project. Their familiarity with regulatory frameworks and practical experience made them a valuable legal partner for us in navigating the transaction efficiently and in compliance with all requirements.”
M&A
“Has good knowledge of corporate acquisition. Quick and fast response for any inquiries.”
“The team is highly professional, expert, and resourceful, distinguished by their helpful nature, fast response times, and strong sense of responsibility.”
“The team provides dedicated support to all Bosowa companies for their offshore transactions and IPO preparations.”
Fidi Hania
“Fidi Hania was the main contact from SIAR during our financing project. Her knowledge and expertise as the main contact between us as the borrower and the lender was appreciated.”
Ella Irdamis
“Expertise in merger and acquisition, banking finance and loan restructuring.”
N. R. Zela Syah Putri
“She is very responsive.”
“She provides fast responses and proper answers to all my inquiries.”
David Siahaan
“He demonstrates strong expertise in corporate law and excellent problem-solving skills. He is highly responsible and consistently provides quick, effective responses.”
“Quick response. Good in corporate law acknowledgement.”