BLC in collaboration with the HKHPM, an Association of Capital Market Legal Consultants held a national seminar on Legal Aspects of Mergers and Acquisitions on the incorporation company’s shareholder. This seminar was held in the Auditorium of the 6th floor Building A, Faculty of Law, University of Brawijaya on Friday (4/26/2019).
The seminar was attended by 100 participants from academia, practitioners and students, beginning with the speech of the chief executive, chairman of business law community and Ranitya Ganindha SH., MH. as FHUB academics. This seminar moderated by Tiara Karisma as an active student of FHUB.
The speakers that attended this seminar namely, Dr. Sukarmi, S.H., M. Hum as FHUB academics and Indra Safitri., S.H., M.M as Lawyers, Arbiter, Governance Practicesioner.
“Merger in a company is a methodology of the corporation to develop itself, the structure can be different from one acquisition to another merger, so that the structure for corporate purposes is achieved, this process as a means to support the corporation. In mergers and acquisitions, the interests of shareholders must be protected under the provisions of the Limited Liability Company Law, Capital Market Law, Banking Law and related Government Regulations. The acquisition process in terms of mandatory tender offer, when talking about mergers and acquisitions, is also related to the company’s financial statements as there is a period of time for the transfer of liabilities in this case related to accounting knowledge, “explained Indra Safitri., S.H., M.M
Dr. Sukarmi, SH, M. Hum, the second speaker delivered the material on the motivation to carry out mergers and acquisitions for efficiency in production, marketing, economic of scale, economic of scope, capitalization, and avoiding liquidity difficulties, legal aspects of acquisition and mergers, legal consequences, mergers and the acquisition must be controlled and there will be supervision by the business competition supervisory commission. Then the seminar closed with a question and answer session.(AZL)