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...
New Kids on The Block (3): Odira Energy Persada
Less than two weeks ago, Odira Energy Persada signed a significant contract worth US$42 million to supply compressed natural gas (CNG) to industrial users around Jakarta. Odira works with Malaysia's IEV Energy Sdn Bhd in the project financed by AmInvestment Bank....
New Kids on The Block (1): Ephindo
Ephindo is an abbreviation of PT Energi Pasir Hitam Indonesia (Ephindo) with several new projects ranging from oil and gas exploration to the development of coal bed methane (CBM). Its partners are ranging from older boys like Medco and not too popular names like...
Anton Suleiman & energy ventures
PT Penta Adi Samudera is one of four groups which won one of coal-fired power plant projects under the ambitious 10,000 MW project in a partnership with China's Sinomach. The consortium has also submitted bid for another coal-fired power plant project. One man behind...
People behind Permata Hijau Sawit
Permata Hijau Group is one of the largest CPO producers and traders in Indonesia with combined sales of more than 1 million tones per year. The group is building a biodiesel plant in Riau, Sumatra with 200,000 t/y capacity. Who are the people behind the group? Low...