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Smart Tbk, the palm-oil producing subsidiary of Sinarmas Group, has been accused by Greenpeace of causing deforestation of Indonesian rainforests. [12] To investigate this accusation, Smart Tbk has appointed Control Union Certification and BSI Group , [ 13 ] assisted by two researchers from the Bogor Agricultural Institute .
PT Bank Rakyat Indonesia (Persero) Tbk (lit. "Indonesian People's Bank"), commonly known as Bank BRI or just BRI, is one of the largest banks in Indonesia. [5] It specialises in small scale and microfinance [6] style borrowing from and lending to its approximately 30 million retail clients through its over 8,600 branches, units and rural service posts.
PT Bank Sinarmas Tbk is a subsidiary of Sinar Mas Multiartha engaged in banking. To support its business activities, by the end of 2020, the bank has 69 branch offices , 134 sub-branch offices, 140 cash offices, 28 sharia branch offices, and 12 sharia cash offices.
After management restructuring as well as other recovery efforts, the bank was divested by LPS to J Trust Co., Ltd. The number of shares transferred at the time was 99% which was in compliance with the approval letter from The Indonesia Financial Services Authority (OJK) dated 20 November 2014 with value of Rp. 4.41 Trillion and Price to Book ...
Permata Bank (or Bank Permata) is a bank in Indonesia, headquartered in the capital city Jakarta. It has officially become a BUKU IV bank after receiving confirmation from the Financial Services Authority (OJK) on 20 January 2021. Serving nearly four million customers in 62 cities of Indonesia, it has 304 branch offices and two mobile branches.
Through PT. Bakrie Sumatra Plantations, Bakrie Group managed an estimated 100,000 ha of rubber and palm oil plantation in the island of Sumatra. [28] Bakrie Sumatera Plantations Tbk (BSP) is a subsidiary of Bakrie Group. [28] BSP has extensive landbanks. [29] One of its directors is Bungaran Saragih, a former minister of agriculture.
Bank Pos Nusantara (1989–1999), merged into Bank Danamon. Express Group (1989–2020), sold to other shareholders though Rajawali still has the 10.7% equity share. Bentoel Group [3] (1991–2009), sold to British American Tobacco. Metro Department Store (1991–2000), sold to CT Corp. Excelcomindo Pratama [4] (1989–2007), sold to Axiata.
Bumitama owns 14 CPO mills (13 in Kalimantan and 1 in Riau), which produce more than 1,000,000 tons of CPO a year. Primary purchasers of their CPO include Wilmar International, the Sinar Mas Group and Musim Mas. [1] In April 2012, Bumitama Agri presented an IPO on the Singapore Stock Exchange. [2]