A consortium of young entrepreneurs led by Anindya Bakrie (son of Aburizal Bakrie, leader of the diversified empire Bakrie Group) will conclude the acquisition of the ailing TV station Lativi next week. Mahaka Group’s...
Read MoreADM Capital, fund manager based in Hong Kong with Asia Development Bank (ADB) as its anchor investor, is reportedly working on the possible offloading of its assets in Arbe Indonesia—controls three chemicals plants in...
Read MoreIndonesia government is expected to submit loan restructuring proposal to Japan Bank for International Cooperation (JBIC) regarding loans to state-owned fertilizer company PT Pupuk Iskandar Muda (PIM). JBIC is the largest...
Read MoreListed company PT Aneka Tambang Tbk is negotiating power purchase agreement (PPA) to absorb up to 100 MW capacity from Sulewana hydropower plant developed by PT Bukaka Hydropower, a subsidiary of Bukaka Group. Dedy Aditya...
Read MoreMulia Group is still one of the largest property developers in the country. The group is also integrated with construction materials through companies like Mulia Industri, Mulia Glass, and Mulia Keramik. The property arm,...
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