Author: yosefardi.com

Tjokrosaputro: Debts, assets, and power

Feb 7, 2010 |

If you happen to search through JSX.co.id, you will find lots of names linked Tjokrosaputro. The debt ridden corn mill PT Suba Indah Tbk, the growing energy company PT Central Korporindo Tbk, till the little known PT Bumi Teknokultura. The group is well known for its Batik Keris. But it put Bank Mandiri into trouble with overdue payments on loans. The owners have been involved in serious scandals in the stock market. Still, the group survives. Why?

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Aneka Tambang

Jan 30, 2010 | ,

In November 2007, Aneka Tambang (ANTM) was a US$4.8 billion company. Yesterday, the company’s market cap was US$2.17 billion. The fall of metals prices affected the company seriously. The company reported net sales of...

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Ganda Group & Cement Industry

Jan 13, 2010 |

Ganda Group is a diversified company with interests in palm oil, mining, property, heavy equipment, construction, and recently cement. In the cement business, Ganda Group develops Semen Merah Putih. It initially imported the...

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Indonesia Journal of Law

Jan 1, 2010 |

Former East Java Regional Police Chief Herman Surjadi Sumawiredja decided to resign four months ahead of mandatory retirement as an expression of “protest” to what he called as “intervention” on investigation of serious election crimes in East Java governor election. In this report, (1) Benua Indah Group auction, (2) Kutai Regent gets 4-year, (3) Danamon vs Esa Kertas, (4) Bankruptcy filing on Kishore Narindas Vaswani. 

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When Boy Thohir offloaded Adaro

Dec 30, 2009 |

Garibaldi Boy Thohir is one of Indonesia’s richest men with substantial shareholding in PT Adaro Energy (ADRO) Tbk, a company with market capitalization of US$6 billion. He is also the CEO of ADRO, the second largest coal group in Indonesia.

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