Indonesia: A Foreword from our MD

"On the global scale, Indonesia has the largest gap between potential and potential realisation. Prior to the Asian Financial Crisis of 1997/8, Indonesia attracted much foreign investment, and GDP growth was running at 10% per annum. From 1998 Indonesia was the worst affected of the Asian region economies, but the currency (Rupiah) has since stabilised, and there has been a steady increase in growth of GDP to today's approximate figure of 5%."

"The country has extensive natural resources, including crude oil, natural gas, tin, copper, and gold. Indonesia's major imports include machinery and equipment, chemicals, fuels, and foodstuffs. Indonesia's failure to realise it's potential in terms of economic growth and foreign investment is down to several barriers, which year by year are becoming less of a barrier, and more of an obstacle that can be overcome. Positive steps are being made to fight corruption and introduce more efficient legal practices. When there are such huge opportunities for enterprise in a country, the legacy issues that hold back enterprise cannot be sustained. One way or another, the country's potential will be realised."

"Editorials in major financial journals around the developed world reveal the frustration of outsiders looking in on a gold mine of opportunity, which they feel prevented from accessing for one reason or another. Those preventative factors may not be so preventative..." The services mentioned below are connected with activities we may offer with regard Mergers and Acquisitions, and other activities related to fund raising. Generally we are about connections and networking, plus local knowledge and experience. Facilitating connections is our strength and we also engage with Global Investments International as their local affiliate for financial products and personal wealth advice.

Our Business Model & Services

Investment Consulting With our knowledge of local markets and fund managers, First Advisory is in a good position to assist in facilitating relations and connections such that investment goals may be realised. Our local knowledge also complimented nicely with our partnership with Global Investments and their representation of big-name fund managers from around the world. Global Investments has built a solid reputation over the years and is FSA approved.

Financial Reporting New fiscal regulations in Indonesia mean that SME's need to produce financial reports for corporate tax reasons, and there may be other cases where detailed and extensive financial reporting is required, such as loan applications and other dealings with major banks. First Advisory has long experience in dealing with financial reporting in various different capacities and we are well positioned to assist in this area.

Due Diligence When facilitating buying and selling arrangements such as with Mergers and / or Acquisitions, there is more often than not a need for investigation / validation of company status, asset status and other matters. All businesses involved in an acquisition, as buyers or sellers, need to ensure that the financial information they hold is as accurate as possible, not only to prevent paying too much (or in a seller’s case receiving too little) but also to ensure that their governance and risk management objectives are met. First Advisory's long experience in matters of ensuring transparency in business deals leaves us in a strong position to enable trustworthy transactions and the realisation of expectations on both sides. We can help buyers understand the target business and increase the likelihood of a deal reaching its objectives.