Ram Reza

& Muhammad

BACKGROUND AND OVERVIEW OF “THE ULTIMATE SOLUTIONS PROVIDER”

“The firm capitalize on the drive to deliver their services

in their utmost prosaic approach as well as espousing the apt laws for their solutions”

It is a canon of the 21st century, that the world today is much more complicated laced with various intricate webs of issues including legal and regulatory conundrums. In Malaysia, legal industry which is moulded based on English legal system is still reluctant to adapt to more contemporary setup. Due to the fragmentation of modus operandi and operational systems, it is rather hard to achieve a networking of common affinities. However, one of the legal firms which seems to go against the flow is Ram Reza &

Muhammad which seems to adapt to modern approach with energetic outlook.

Owning up to their name of RRM Group which consists of various offices, networks and divisions across the region and extravagantly proud of their mantra “the ultimate solutions provider”. As not to forget their archaic roots in the legal practise, the slogans “In God we trust, to God we turn to, with God we concur and God is our supreme judge” hang steadfast on the walls of their conference room, as reminder RRM is still a legal firm.

Their offices in Jakarta, Indonesia and various offices throughout Malaysia including Petaling Jaya, Kuala Terengganu, Ipoh, Penang and Johore Bharu housed a total of 15 lawyers with wide ranging of area of practices. The headcount for its workforce stands at 40 odd people, a very modest number compared to the nature of works that RRM handles.

The Power of Group Entitativity Upholding to their unchallenged mantra of being the “ultimate solutions provider” and having Mr. Nor Hisham Haji Muhammad as their ardent front-runner, the robustly experienced Managing Partner believes in the general enjoyment of working in teams and the positive vibes attained, alongside with a sense of pride that stems from the group entitativity. Operational-wise, entitativity can also be defined as perceiving a collection of individuals as possessing unity and coherence working under one roof and that is what the Managing Partner has been trying to cultivate in his teams as to galvanize the smooth services to their clientele base.____________________________

“Ants aren’t smart, ant colonies are”

-Deborah M. Gordon___________________

Their Strengths

RRM is keen on delivering their services by “willing to go beyond the call of duty to deliver considered, reliable advice" as a part of the values nurtured in their personalized service to their clients regardless of the location and time, as to be recognized as one of the competitors in the legal corporate field.

Coherently, RRM believes that managing a legal firm is deemed to have built on the foundation that it is of not a “one-man show” hence

apart from developing a well-structured team as mentioned above, RRM is well-equipped with its comprehensive and resourceful information technology system and is armed by its well-developed legal database known as "VOS" for rapid access of database and precedents to fulfil the urgency of sources reliability.

Matter-of-factly to this date, RRM Corporate practice group for the past 10-14 years serve the needs of private and public companies, corporations, government and government-related entities, other institutions and individuals in a wide range of corporate and commercial transactions. From origination until completion, they helped to facilitate and guide clients through the maze of legal, regulatory and compliance.

This hunger to strive for conformance of duties and laws, have somehow

In essence, it has been universally known that their impregnable ambitions are entwined with their client’s success and that is to be the "Ultimate Solutions Provider"

PT RRM INTERNATIONAL /JAKARTA INTERNATIONAL OFFICE

“A new market is not an unknown run, it is a business opportunity".

The value of cross-

borders market penetrations has taken its cognizance in Malaysian business fields for decades in pursuit of expanding their network and market regionally and internationally. Indonesia has grown to be one of the most-favored countries for business market penetrations due to its highly-populated citizens and rising demands. Empirical results show that cross-border activity is a two-edged sword: foreign intangible assets increase a company’s value; however, internationalization raises transaction costs and uncertainty in foreign operations. In fact, the liability of intra-regional business expansion appears to be much lower than the liability of inter-regional expansion.

Notably, as to fuel up the engine of the economy, the additional costs incurred of running business abroad and setting up offices abroad are often much higher when venturing into other regions of the world than when expanding intra-regionally, particularly in the home triad region. The long-winding process with the authorities is also a contributing factor that minimizes the potentials to commercializing the business regionally.

Irrespective of the impediments faced by the home region business today, it is worth noting that PT RRM International has come to their rescue on providing the appropriable and forthright avenue to hamper the above said barriers. The establishment of Jakarta International Office in the upmarket area of Mega Kuningan, Jakarta has somehow brought a new dimension as they serve to be the one-stop service provider who can assist the client with

everything from its incorporation of business, their legal documentations and process.

The Pros of Engaging PT RRM International

The perk of using a Malaysian legal firm compared to an Indonesian legal firm lies in its ability to provide professional indemnity to cover any undesirable circumstances. The present situation and circumstances have indicated that it is more difficult for clients to trace and complain against Indonesian legal firms in Indonesia than to do the same in Malaysia.

On the upside, PT RRM International has been dynamically involved in innumerable commercial transactions including in the areas of plantation, construction, oil and gas, property, management, etc. The firm has also been dutifully responsible for various corporate advisories and incorporation and/or setting-up of companies in Indonesia.

One of the prominent areas which are seen to be well within the firm's g r a s p s would be Jakarta, Indonesia and from that capital it broadens its control by affiliating and networking not only throughout I n d o n e s i a , but

internationally as well. The well-trained and cohesive team, work together to conform to the fulfillment of the legal requirements.

RRM Line of Business

RRM diversifies its line of business to float in a vast, largely undifferentiated ocean of global market place, by venturing into

Plantation Property Development

Shipping Trading Services

The normal options proposed by PT RRM International for the expansion of business prospects would have to be:-

• Option 1 Incorporated Joint Venture- PT PMA

• Option 2 Unincorporated Joint Venture

• Option 3 Local PT with Nominee Arrangement

The Firm’s Credentials

Among of the relevant noteworthy hands-on experiences handled by

PT RRM International was when they were being appointed by Ahmad Zaki Resources Berhad (Main board Public Listed Company) for acquisition of P.T Ichtiar Gusti Pudi, including the conversion of P.T Ichtiar Gusti Pudi from PMDN to PMA status company. The firm also handled the application of Hak Guna Usaha from local authority in Indonesia.

The team was also entrusted by Kumpulan Hamodal Sdn Bhd for t h e preparation and drafting of relevant documents and conduct of negotiations i n t h e completion o f t h e Sale and Purchase of shares Agreement for their acquisition of P.T Pencetus Sawit Andalan, including the conversion of P.T Pencetus Sawit Andalan from PMDN to PMA status company. The firm also handled the application of Hak Guna Usaha from local authority in Indonesia.

They were also engaged by P.T Pinang Witmas Sejati (wholly owned by Perak State Agricultural Development Corporation) for the drafting and preparation of the Memorandum of Understanding, Conditional Sale and Purchase Agreement with Ibris Corporation. The firm also handled P.T Pinang Witmas Sejati’s negotiations with BW Plantation (a plantation company which is listed

in Jakarta stock exchange) alongside with myriad of other engagements.

Conclusively, PT RRM International offers clients comprehensive and personalized legal and business advisory services to enable them to penetrate the new markets in a speedy, flexible and safe way, by drawing up strategies and implementing actions to achieve the best cost-time-benefit ratio.

At PT RRM International, they advise, consult and accompany local companies throughout the process of entering a new market, with a joint Action Plan to be carried out in both the home country and the host country, in order to minimize the entry barriers inherent to the new market.