Jul 10, 2012 | News Group, Profiles
Pulau Laut is an island southeast of South Kalimantan province. It is about three times of Singapore. Off east Pulau Laut, you’ll find Sebuku Island, where Sakari Resources has one of its coal producing concessions. Sebuku Group’s main concessions,...
Jul 10, 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...
Jul 9, 2012 | News Group, Profiles
Reuters reported that three Morgan Stanley gasoline traders in Europe are set to join the Swiss commodity trader Mercuria, the latest Wall Street bank to lose traders to aggressive merchants. Morgan Stanley is pretty active here, including in some derivative contracts...
Jul 8, 2012 | News Group, Profiles
Wilmar International Ltd inched up only 0.31% to S$3.28 Tuesday (Aug 7) following announcement of construction of two flour mills in Indonesia with production capacity of 1 million tons per annum. The current price of Wilmar is 53% below its peak in early 2010. In the...
Jul 8, 2012 | News Group, Profiles
Tjuatja is one of underreported wealthy families in Indonesia with business interests in various sectors, including in the neighboring country Singapore. Very few reports found in Indonesian media about the family, but gained international ‘reputation’ for...
Jul 7, 2012 | News Group, Profiles
Duta Putra is one of substantial property players that yet to list its shares in the stock market. The group develops residential projects like Bukit Dago, Villa Dago Pamulang, Duta Bintaro, Grand Serpong, Bukit Golf, and some apartment projects. Duta Putra is also...
Jul 7, 2012 | News Group, Profiles
Saraswanti is a group with diversified business interests. Fertilizer, plantation, laboratory, real estate, and others. The group claimed that PT Saraswanti Sawit Makmur had planted over 3,000 hectares of palm oil trees in East Kalimantan. Who’s behind the...
Jul 7, 2012 | News Group, Profiles
Dexa Medica is one of the largest pharmaceutical groups in Indonesia. In 2007, the company claimed itself the second largest player for prescription drugs and third largest overall. Established by Rudy Soetikno, the group has expanded into other businesses. Dexa is...
Jul 6, 2012 | News Group, Profiles
Politicians might be hectic in finding ways to defend Euro from debt fears. Others worry on slowing down of China’s economy or slower than expected recovery in US. But PRADA, the company that sells luxury items, reported remarkable growth. The Milan-based...
