Oct 30, 2012 | News Group, Profiles
Dahlan Iskan rose to fame for his ‘success’ in transforming Jawa Pos into a media powerhouse with hundreds of local newspapers and TV stations. He is now at the center of a conflict with politicians in the House of Representatives (DPR) and forced...
Oct 29, 2012 | News Group, Profiles
Dahlan Iskan’s popularity shot up when in October 19, 2011, he was sworn in by President SBY as minister of state-owned enterprises with his antiques: casual sport shoes. He also told media that actually he rejected President SBY’s offer to become a minister and...
Oct 11, 2012 | News Group, Profiles
Few months ago, Mayapada Corporation Pte Ltd acquired 19.99% shares of SGX-listed Cougar Logistics Corporation Ltd for S$6.35 million. The company then becomes controlling shareholder of Cougar Logistics and launched transformation of the company. Tahir, director of...
Oct 11, 2012 | News Group, Profiles
We haven’t seen Sjamsul Nursalim in Indonesia for more than one decade now. His company Gajah Tunggal (GJTL), however, is doing good with net profit of Rp777.7 billion in nine months of 2012 from sales revenue of almost US$1 billion. Gajah Tunggal is now a...
Oct 7, 2012 | News Group, Profiles
Malaysian company Lion Forest Industries Berhad has agreed to acquire 100% shares of plantation company PT Varita Majutama for a cash consideration of US$63.75 million. This is one of the largest acquisitions in the plantation sector year-to-date. What Asnim brothers...
Oct 6, 2012 | News Group, Profiles
Lim Sioe Liong AKA Soedono Salim has passed away at almost 97 in Singapore Sunday (June 10). He is founder of the conglomeration with businesses spanning from noodle to iron ore, from Indonesia to all over the world. He has actually left the empire to his sons long...
Oct 5, 2012 | News Group, Profiles
What a depressing start for Sky Aviation and its stakeholders! Sukhoi Superjet100 hit Salak Mountain in Bogor, West Java Wednesday (May 9) and about 45 people are feared dead. The second joy flight turned into a nightmare. Executives from some airlines were also on...
Oct 1, 2012 | Industries, Profiles
Challenging the already established international brands like Accor or Aston must be something. Sahid Group managed to build hotels in strategic locations in the country, but not that successful, if not calling it a big failure. Tauzia Management, however, managed to...
Sep 19, 2012 | News Group, Profiles
Two years ago, PT Karunia Bara Perkasa, a company controlled by Kiki Barki family, got Rp1.56 trillion from divestment of Harum Energy (HRUM) shares at Rp5,200 per share as part of the IPO of 500 million shares. Last year, Karunia also sold 270 million shares for...
Sep 7, 2012 | News Group, Profiles
Hartati Murdaya, business woman and member of advisory board of President SBY’s Demokrat Party, defended her innocence in the bribery allegations saying “it was a donation, not a bribe.” She indirectly admitted of giving certain amount of money to...
