According to the new list of BOD and BOC at Eterindo Wahanatama, there is only one Sridjaja name; Jasin Sridjaja. This is in contrast to few years ago when almost all family members (Salim, Hadiran, Hadisan, etc) were in the management. Eterindo is one of the oldest chemical group in Indonesia, established by Sudiharjo Sridjaja family in 1965.
Read MoreSinar Mas Groups has been aggresively expanded its business in the last few years. After the banking business comeback last year with the acquisition of small bank PT Bank Shinta through PT Sinar Mas Multiartha, the listed...
Read MoreFirst Resources Ltd, controlled by Martias family (Surya Dumai Group), posted Rp701.6 billion net profit in the first half 2008, increased 222% from the same period last year. First Resources booked sales revenue of Rp1.453...
Read MoreThis is how conglomerates have the wedding party. Four thousands invitees, socialites from overseas, an orchestra, super delicious and expensive F&B,and tons of flowers. We’re talking about the wedding party of the son of Alexander Tedja, owner of Pakuwon Jati—once a big debtor with US$56 million bad loans to government.
Read MoreShortly after Indonesia and Singapore governments signed the extradition treaty, Attorney General’s Office (AGO) announced that there are at least 12 fugitives implicated in corruption investigations are hiding in Singapore, while Indonesia Corruption Watch (ICW) has longer list of 17 fugitives including the famous Sjamsul Nursalim (Gajah Tunggal), Samadikun Hartono (Modern Group), Sujiono Timan (former CEO of Bahana), and Agus Anwar (former shareholder of Bank Pelita).
Read More