Argo Manunggal is a diversified business group with five major divisions: textile, steel, property, rubber, and non-core. The group once had 61 companies, of which 22 of them defaulted loans to banks. What’s happened since...
Read MoreThis is another ’victim’ of commodity and mining hype. PT Asia Grain International (ASIA) Tbk decided to leave grain processing business and transformed into mining business. ASIA told IDX today that the company will...
Read MoreOne thing we should give two thumbs up to Kalla Family is their transparency. The family explains its business through the world wide web, even though not all of them, just like others. This time, let’s take an intimate look at...
Read MoreAsam Jawa Group is among the major players in palm oil plantation business. Who are the shareholders? Relationship with the military? Asam Jawa Group operates plantations in North Sumatra, Riau, and Central Kalimantan....
Read MoreFirst Resources Ltd has lost its value by 33.7% in the last two trading days. It is on the verge of losing 22% of its assets as Corruption Eradication Commission (KPK) is about to auction off 19 assets seized in relation to...
Read More