Rika Rusman

Counsel, Jakarta

Biography

Overview

Rika Rusman is a counsel in Witara Cakra Advocates (WCA), White & Case's associated law firm in Indonesia. Rika specializes in corporate acquisitions, joint ventures and general corporate advisory work across various sectors. Rika has over 12 years of experience advising private equity firms, funds and other corporate investors, both foreign and local, in their investment in Indonesia as well as Indonesian business owners in their divestments or cooperation with investors.

Prior to WCA, Rika worked in another International firm's associated law firm in Indonesia and for a short period in its London office advising UK-based clients on cross-border M&A transactions.

Bars and Courts
  • PERADI (Indonesian Bar Association)
Education
  • LLB, University of Indonesia
  • LLM, Melbourne University
Languages
  • English
  • Indonesian

Experience

US$6 billion merger of PT Indosat Tbk
Ooredoo Group, a leading international telecommunications company, on the US$6 billion merger of PT Indosat Tbk (Indosat Ooredoo), an Indonesian subsidiary of Ooredoo Group, with PT Hutchison 3 Indonesia (H3I), an Indonesian subsidiary of CK Hutchison.

Investment in PT ABC Kogen Dairy
A Singapore headquartered private equity firm in its investment in PT ABC Kogen Dairy, a vertically integrated dairy manufacturer producing yogurt and milk products under the brand "KIN" which also operates as one of the largest and the only A2-cow dairy farm in Indonesia. 

PT Revass Utama Medika acquisition 
OrbusNeich Medical Group Holdings Limited, a Hong Kong-based medical device manufacturer listed on the Hong Kong stock exchange, in its acquisition of a majority stake in PT Revass Utama Medika, an Indonesian medical device distributor.

PT Mulia Boga Raya Tbk acquisition
A global private equity firm, on its acquisition of shares in PT Mulia Boga Raya Tbk., one of the largest cheese and cheese products manufacturing companies in Indonesia.

Southgate Ventures Pte. Ltd. acquisition
A Jakarta-based investment firm focusing on mid-market private equity and private credit opportunities in Indonesia and Southeast Asia, on its acquisition of Southgate Ventures Pte. Ltd., which manages and operates high quality K-12 private schools with the SIS (Singapore Intercultural School) brand in a number of cities in Indonesia. 

Bank Permata Tbk acquisition 
Bangkok Bank Public Company Limited on its US$2.3 billion acquisition of a majority shareholding in Bank Permata Tbk from Standard Chartered Bank and PT Astra International Tbk followed by the integration of its Indonesian branch business with PT Bank Permata Tbk. The acquisition has been named "M&A Deal of the Year" by ALB Indonesia Law Awards 2020. 

PT CG Power Systems Indonesia auction sale
Receivers in the bankruptcy of CG Power System Belgium N.V., a global electrics components manufacturer in connection with the auction sale of PT CG Power Systems Indonesia, a leading power transformer and electric components manufacturer in Indonesia. 

Investment in SOHO Group
CVC Asia Pacific Limited in its investment in SOHO Group, a local leading pharmaceutical and medical device manufacturing and distribution group.

Awards and Recognition

Indonesia's Future Legal Leaders, Asia Business Law Journal 2023

Rising Star in Indonesia, Asia-Pacific Legal 500 2022-2023