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The group is moving into the property sector with office buildings including Gudang Garam Tower in Jakarta.⇑ .7 billion Having been on the receiving end of criticism from environmental groups, Royal Golden Eagle has over the past few years taken on a much more proactive approach to conservation.Controlled by the family of Susilo Wonowidjojo, the group employs 34,000 workers and also operates in the palm oil plantation business through Matahari Kahuripan (Makin Group), with more than 130,000 hectares planted in Sumatra and Kalimantan.The group also produces specialty papers and packaging for its cigarettes while PT Surya Madistrindo is the sole distributor of the company’s products.Philip Morris currently owns 98.18% of HM Sampoerna and in April shareholders approved the company’s plans for a 25-for-1 stock split of its common stocks in a move to increase trading liquidity of the company’s shares.The move will also bring it in line with Indonesia’s new rules that require a minimum free float of 7.5%.⇑ .1billion One of Indonesia’s most innovative business groups, Lippo Group is a major presence in a number of sectors including communications, healthcare, retail, real estate, education and e-commerce.
It is an opportunity for us to reflect on the language and ideas that represented each year.
The company posted a 22% decline in net profit to Rp3.11 trillion in the first quarter of 2016 while its total revenue fell to Rp41.89 trillion over the same period.
⇓ .5 billion Arguably the world’s largest instant noodle-maker, the Salim Group is expanding into e-commerce and coffee.
The company has allocated Rp2 trillion in cash to develop the digital hub on a 25.86-hectare plot in BSD, South Tangerang.
Under the leadership of Fuganto Widjaja, grandson of patriarch Eka Tjipta Widjaja, the group will focus on infrastructure, telecoms, education and healthcare going forward.