Kentjana Widjaja & His Ventures
Three years ago, businessman Kentjana Widjaja, through Quattro Inti Investama, was among investors competing to acquire Berau Coal from Risjad family and Boy Thohir (shareholder of Adaro). We all know he lost in the race to Bakrie Group-led consortium. Very few...
Yap Hong Tjoen & Finansia
Dr Yap Hong Tjoen, according to Wikipedia, is a philanthropist from Yogyakarta, known as close friend of national education hero Ki Hajar Dewantara. He established the famous eye clinic Dr Yap. His son Dr Yap Kie Tiong took over management of the hospital in 1949.
Northstar Group: What’s Next?
Shareholders of Trimegah Securities, a brokerage firm, have replaced Omar S Anwar as CEO and Ubaidillah Nugraha as director as of yesterday. This is a sign of ownership changes at Trimegah following months of speculations surrounding Equator Securities established by...
Djoesianto Law & Network
Consciencefood Holding Ltd is a small cap on Singapore Exchange (SGX). It has market capitalization of S$85.2 million. That's probably why Mr Djoesianto Law has yet to be included in the Forbes' list of rich people. Still, it is interesting to watch Mr Law's...
A More Aggressive Citra Marga
National media reported early this week that toll road operator PT Citra Marga Nusaphala Persada (CMNP) Tbk plans to enter mining infrastructure business in partnership with San Miguel Corp. The company also sets an ambitious target for 2012. Who's in charge? First of...
Ometraco Group
About 16 trucks were hired to transport arranged condolence flowers sent by various businessmen for the loss of Carla Widjaja last Friday. Carla is the wife of the late Ferry Teguh Santosa, founder of Ometraco Group which almost collapsed in 1997-1999 financial crisis.
Indonesian SAGA Group
So, you've known about Saga Energy Inc, which will become partner of Laguna Cipta Griya in North Sumatra oilfield. We initially thought they're talking about Saga Group in Indonesia, which turned out to be a completely different group. Let's learn a bit about them....
Revisiting Kapal Api Group
Kapal Api is dominant coffee player in the country. Its coffee shop chain challenges global name like Starbucks. The group’s business is clearly way beyond coffee. It is one of the largest consumer goods and retailer players in the country. Five years ago, media...
Hatta Rajasa & Business ‘Deals’ (6)
Former chairman of National Mandate Party (PAN) Amien Rais has often criticized foreign investments in natural resources sector, including Freeport Indonesia. Amien considers Freeport new form of colonialism. We have also heard similar tones from leaders of PAN. What...
Hatta Rajasa & Business ‘Deals’ (5)
As coordinating minister for the economy, Hatta Rajasa might have no execution power. The position, however, places anybody in the job a huge access to important decision making. Divestment of mining companies like Newmont, Freeport, or appointment of investors for...