Like Lippo Group, Sinarmas is under the spotlight related to bribery case implicating one subsidiary of its plantation business in Central Kalimantan. In the meantime, SmartFren (FREN), the telecommunication unit, reported net loss of Rp2.5 trillion in Jan-Sep 2018, which cut further its equity to Rp6.76 trillion, while liabilities jumped to Rp18.8 trillion.To subscribe please click here