Eka Prasetia Utama

EKA PRASETIA UTAMA (EKA) is the Managing Partner of ASP Law Office and began his legal career in 2007. He graduated with an excellent predicate from Universitas Kristen Indonesia and gained extensive experience in various areas of legal practice at several prominent law firms prior to joining ASP Law Office in 2017.

Eka has extensive experience in capital markets and M&A transactions, with a specialization in IPO structuring, regulatory compliance, and corporate governance. His expertise has been recognized through his ranking among the Top 5 Lawyers for Most IPO Transactions in 2022 and 2023 by HukumOnline and his key role in ASNP’s Capital Markets (Debt & Equity) team. Eka’s well-rounded corporate and commercial experience allows him to comprehensively advise foreign clients entering local investments or transactions in Indonesia, ensuring compliance, cross-border structuring, corporate restructuring, and strategic corporate planning..

Practice Areas: Corporate and Capital Markets, Mergers and Acquisitions, Civil and Commercial Litigation, Energy (including Renewable Energy), Shipping, Real Estate.

Professional Affiliations: Member of the Indonesian Advocates Association (Perhimpunan Advokat a – PERADI) and Member of the Association of Capital Markets Legal Consultants (Himpunan Konsultan Hukum Pasar Modal – HKHPM)

Experience Highlights:
PT Cipta Sarana Medika Tbk (DKHH) – Initial Public Offering on IDX (Rp69.9 billion): Advised on the IPO of PT Cipta Sarana Medika Tbk, a healthcare company managing Type C hospitals, in connection with its public offering of 530 million shares (20.78% of enlarged capital) at Rp132 per share, raising approximately Rp69.9 billion. The IPO was oversubscribed by 190x in pooling allotment.

PT Benteng Api Technic Tbk (BATR) – Initial Public Offering on IDX (Rp68.2 billion): Advised on the IPO of PT Benteng Api Technic Tbk, a refractory materials manufacturer, in connection with its public offering of 620 million shares (20.5% of enlarged capital) at Rp110 per share, raising approximately Rp68.2 billion. The IPO was oversubscribed by 41.21 times in the fixed allotment.

PT Satu Visi Putra Tbk (VISI) – Initial Public Offering on IDX (Rp73.8 billion): Advised on the IPO of PT Satu Visi Putra Tbk, a distributor of advertising and printing materials, in connection with its public offering of 615 million shares (20% of enlarged capital) at Rp120 per share, raising approximately Rp73.8 billion. The IPO was oversubscribed by 32.25 times.

PT Terang Dunia Internusa Tbk (UNTD) – Initial Public Offering on IDX (Rp400 billion): Advised on the IPO of PT Terang Dunia Internusa Tbk, a leading bicycle and electric vehicle manufacturer under the United brand, in connection with its public offering of 1.67 billion shares (25% of enlarged capital) at Rp240 per share, raising approximately Rp400 billion.

PT Asri Karya Lestari Tbk (ASLI) – Initial Public Offering on IDX (Rp125 billion):Advised on the IPO of PT Asri Karya Lestari Tbk, a general contractor, in connection with its public offering of 1.25 billion shares (20% of enlarged capital) at Rp100 per share, raising approximately Rp125 billion.

PT Logisticsplus International Tbk (LOPI) – Initial Public Offering on IDX (Rp30 billion): Advised on the IPO of PT Logisticsplus International Tbk, a freight forwarding and logistics service provider, in connection with its public offering of 300 million shares (27.27% of enlarged capital) at Rp100 per share, raising approximately Rp30 billion. The IPO included the issuance of 150 million Series I warrants with an exercise price of Rp200 per share.

eka@asplawoffices.com