Property Assets of Soeharto Planet (I): The Probosutedjos
PT Mahkota Real Estate published one full-page announcement Thursday (Sept 18) regarding its standing position in the disputed 16,600 square meter land at the prestigious Jl Jenderal Sudirman Jakarta. The land, next to the Arthaloka Building, was one of assets linked to Probosutedjo, half-brother of the late president Soeharto.
The Senayan Complex, Part II
The Senayan Complex encompasses a vast 2.7 million square meter land area. Over 70 hectares of which are leased to over a dozen private entities for private sector uses. Make no mistake, the additional 148 hectares plot of land that makes up the Senayan Sports Complex also has a number of private sector entities managing its facilities. But let’s save these companies to profile in later occasions. For now, let’s focus on the Senayan Complex outside of the famous Sports Complex.
Supreme Justice Artidjo Alkostar
Supreme Justice Artidjo Alkostar has once again harvested praises after dropping heavier punishment to graft convict and former PKS Chairman Luthfi Hasan Ishaaq. For his impressive track record at the Supreme Court, Artidjo’s name has reportedly been considered by President-elect Joko “Jokowi” Widodo as a potential member of the incoming cabinet. Who is Artidjo Alkostar?
The New Leaders of the 2014-2019 Supreme Audit Agency
The Finance and Banking Commission of the House of Representative (DPR) otherwise known as the Commission XI has just selected five names to be added into the 2014-2019 Supreme Audit Agency (BPK) Leadership. The selection of the new leaders of BPK took place yesterday (Sep. 15) evening. The five new members will work together with the current four BPK members, completing the line-up of nine BPK members in total. But pretty much as predicted, the BPK members selected are still those with clear political affiliations.
The Senayan Complex
Residents of Jakarta would naturally assume that the historic Senayan National Sports Complex—wherein one can find the famous Gelora Bung Karno stadium—belongs to the Government. But many may not know that the Government also owns the vast expanse of land surrounding the Senayan Sports Complex. The Senayan Complex at large encompasses more than 2.7 million square meters. The area was acquired by the Government in the early 1960s specifically for the purpose of holding the 1962 ASEAN Games in Jakarta.
Mahakam Group: Consumer & Healthcare Giant
Iodine, antiseptic dry tissue for woman’s intimate organ, vaginal ozone therapy, five-star boutique hotel, laundry and dry cleaning services, chili sauce, tomato sauce, syrup, pastries and cake, and anesthetic gas are products and services linked to Mahakam Group.
Igor’s Pastry Shop
The Indonesian bakery and pastry business continues to grow. More and more bakeries are opening up shop in shopping malls and strategic areas. Known players in the business are Breadtalk Indonesia of Johnny Andrean Group, Holland Bakery of PT Mustika Citra Rasa, Tous Les Jours of PT. Tousindo Primamulia and Bread Life Bakery of PT Dunia Makmur Jaya.
New Acting Chairman of PPP: Emron Pangkapi (Part II)
Emron Pangkapi’s ties with the United Development Party (PPP) was formed during the period of his career as a journalist at Harian Pelita from 1979 to 1982. And as you may know, Harian Pelita was an official newspaper of the PPP. Soeharto’s New Order regime closed the newspaper down after the 1982 election. From there onwards, Emron maintained his political affiliation with the PPP while continuing his journalistic career at other medias.
Private Equity’s Target: Champ Group Restaurants
Mizuho Financial Group has entered The Duck King restaurant. Falcon House Partners enters Ta Wan Restaurant chain. Who’s entering The Champ Group? What is Champ Group?
New Acting Chairman of PPP: Emron Pangkapi (Part I)
Emron Pangkapi has just been appointed as new Acting Chairman of the United Development Party (PPP) to replace Suryadharma Ali. The decision was reached in a dramatic meeting of PPP’s top executives held last night. This is the second time for Emron Pangkapi to be appointed as PPP’s Acting Chairman. So, who is this politician? Why has he become the default choice?