Tommy Winata was listed the 54th richest man in Indonesia by GlobeAsia magazine in 2012. His name is not listed in the Top 50 of Forbes magazine’s 2016 rich list. Really? How come he is still considered one of the most powerful businessmen with strong influence to Indonesian military, national police, and judicial system?
Read MoreHengky Setiawan, owner of TiPhone Mobile (TELE), the largest distributor of Telkom Group’s vouchers (US$1 billion in the first nine months of 2016), recently clarified a photograph of Habib Rizieq Shihab, chairman of hardline Islamic group FPI, which went viral on the net. Hengky said it’s not Tommy Winata, but his brother Rommy Winata, who is in the picture of him and some people with Rizieq at his friend’s villa two years ago.
Read MoreFKS Multi Agro (FISH) is not an interesting stock due to its low trading liquidity. Still, this is one of the largest agriculture commodities traders in the country with sales revenue of US$658.5 million in the first nine months of 2016.
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