We have seen lots of actions at companies controlled by Salim Group, Lippo, Sinarmas, Soeryadjaya, Bakrie, or Rajawali in the past few years, but we rarely heard of significant movements at companies linked to Sjamsul Nursalim (Gajah Tunggal Group) in Indonesia. We’ve posted about the group’s plan to sell remaining stakes in petrochemical company Polychem Indonesia. But, there are clearly lots of things to talk about Nursalim’s business here.

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