Sunson Group has officially left the banking business with divestment of the remaining 35% shares in Bank Bisnis (BBSI) to financial technology company PT Finnacel Technology (Kredivo) at undisclosed consideration. The acquisition lifted Kredivo’s ownership from 40%...
Roy Rahardja Dharmajaya, father in law of Angela Tanoesoedijo, vice minister of tourism & creative economy, has passed away at 62 years old. Roy is director of PT Cahaya Merah Delima, member of the Lion Star Group, one of the largest manufacturers of plastic...
Suharso Monoarfa, minister of national development planning and chairman of Islamic party PPP (United Development Party), has reportedly filed a divorce proceeding against his wife Nurhayati, who is also lawmaker from PPP. Talking to journalists this morning,...
Plantation company PT Teladan Prima Agro Tbk is offering 2.19 billion shares at Rp520 to Rp600 per share to raise a maximum of Rp1.3 trillion. Representing 15% of the total issued shares after the initial public offering (IPO), Teladan Prima is valued a maximum Rp8.7...
Businessman Johnny Santoso, founder and chairman of PT Indovickers Furnitama, PT Dharma Daya Lestari, and PT Karunia Mandiri Sejati, has passed away in Jakarta on Monday at 88 years old. Johnny leaves behind a wife, two sons, and four grandchildren. Married to Sandra...
Two special staffs of President Joko ‘Jokowi’ Widodo will tie their knots this weekend. The first is Putri Tanjung, daughter of Chairul Tanjung, who is owner of TransCorp/CT Corp. The second is Ayu Kartika Dewi, who is also managing director of Indika Foundation....
Rudy Salim, president director of Prestige Motorcars, main importer of supercars like Ferrari, Bugatti, Lamborghini, and distributor of Tesla, has been dragged into investigations by the national police of some ‘crazy rich’ allegedly involved in fraud and money...
Wow! A private jet, a fleet of supercars, big mansion, and a wardrobe displaying of all luxury brands are only few showcased by ‘crazy rich couple’ from Malang, East Java. We’re talking about Gilang Widya Pramana and his wife Shandy Purnamasari, names behind J99 Corp,...
Paulus Pandji Wisaksana (Phan Wan Sin), founder of The Pioneer Plastic Group, one of the oldest plastic companies in Indonesia, has passed away last Thursday (Feb 24) at 97 years old. He is widely considered ‘Father of Plastic Pipe’ and ‘King of Plastics’. The late...
Arifin Panigoro, cofounder of Medco Group, has reportedly passed away in Mayo Clinic, Rochester, USA on Sunday, February 27 at around 14.45. We reported about his health on February 18, 2022. Arifin, who is member of the President’s Advisory Council (Wantimpres),...
