Asam Jawa Group & People Behind
Asam Jawa Group is among the major players in palm oil plantation business. Who are the shareholders? Relationship with the military? Asam Jawa Group operates plantations in North Sumatra, Riau, and Central Kalimantan. Low-profile, this group rarely made headlines,...
Indadi Group Coffee & Guns
What a business combination this group has. Coffee, lollipop, candy, pistols, guns, toll roads, and missiles! Who are people behind? What kind of relationship it has with those in power, especially military? Tempo magazine reported this week about fit proper test on...
Bahtera Adiguna & groups behind
PT Bahtera Adiguna Samudera Tbk issued shares few years ago with IPO price of Rp675. Today, the share price touched Rp165 with last trading in March. The company didn't provide details to JSX on the new business. But there are some interesting assets related to the...
Astrido Group & People Behind
There are at least 40 companies under Astrido Group. One of its important asset is Bank Akita which had total asset of Rp817 billion as of July 2007 with net profit of Rp8.7 billion in the period of Jan-July 2007. Astrido acquired the bank in 2001 with capital...
Asiabumi Group & The Kartasasmitas
This time, let's focus on Ginanjar's nephew Gurhadi 'Aguy' Kartasasmita, president director of Asiabumi Group. The group has the following subsidiaries: 1) PT Asiabumi Piramida: JV with Chaerul Tanjung (Para Group) and Ana Mantovani at PT Griya Tirta Tritunggal, owner...
Sridjaja family, what’s up?
According to the new list of BOD and BOC at Eterindo Wahanatama, there is only one Sridjaja name; Jasin Sridjaja. This is in contrast to few years ago when almost all family members (Salim, Hadiran, Hadisan, etc) were in the management. Eterindo is one of the oldest chemical group in Indonesia, established by Sudiharjo Sridjaja family in 1965.
Sinar Mas Groups
Sinar Mas Groups has been aggresively expanded its business in the last few years. After the banking business comeback last year with the acquisition of small bank PT Bank Shinta through PT Sinar Mas Multiartha, the listed financial sub-holding of Sinar Mas, early...
Million dollar wedding: Tedja family
This is how conglomerates have the wedding party. Four thousands invitees, socialites from overseas, an orchestra, super delicious and expensive F&B,and tons of flowers. We’re talking about the wedding party of the son of Alexander Tedja, owner of Pakuwon Jati—once a big debtor with US$56 million bad loans to government.
New Kids on The Block (2): Indelberg Indonesia
PT Indelberg Indonesia Perkasa is another important name especially in the last few months. Its oil production increased significantly in the last few years. The company is one of nine companies won the contract to develop state-owned oil & gas company PT...
New Kids on The Block (4): Baramulti
Baramulti Group is one of big coal player in the country with concessions through various subsidiaries. Early this year, Baramulti Sugih Sentosa, one of Baramulti's subsidiaries, won the contract to supply coal to Napocor, Philippine worth US$6.6 million. Baramulti...