Most of small banks in the country are controlled by individual or non-financial institution shareholders. Pursuant to Bank Indonesia Regulation No. 14/8/PBI/2012 about ownership in banks, they are only allowed to own a maximum 30% shares.
Read MoreWhat a business combination this group has. Coffee, lollipop, candy, pistols, guns, toll roads, and missiles! Who are people behind? What kind of relationship it has with those in power, especially military? Tempo magazine...
Read MorePT Bahtera Adiguna Samudera Tbk issued shares few years ago with IPO price of Rp675. Today, the share price touched Rp165 with last trading in March. The company didn’t provide details to JSX on the new business. But there...
Read MoreThere are at least 40 companies under Astrido Group. One of its important asset is Bank Akita which had total asset of Rp817 billion as of July 2007 with net profit of Rp8.7 billion in the period of Jan-July 2007. Astrido...
Read MoreThis time, let’s focus on Ginanjar’s nephew Gurhadi ‘Aguy’ Kartasasmita, president director of Asiabumi Group. The group has the following subsidiaries: 1) PT Asiabumi Piramida: JV with Chaerul Tanjung...
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