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PT Berau Coal Energy also issued US$500 million worth of 7.25% guaranteed senior notes in 2017. Both the 2015 and 2017 notes are currently in default. Since July 2015, the Berau Group has brought 4 separate rounds of scheme of arrangement / moratorium proceedings, with terms which have been described as “frankly insulting” at a time when ...
According to Tempo, Agung Sedayu made four payments to Prasetyo Edi Marsudi, the speaker from PDI-Perjuangan and a former employee of Kusuma, who then distributed the funds to others, including Ongen Sangaji. A wire-tapped conversation presented in court by KPK prosecutors revealed an Agung Sedayu executive informing Sanusi that Kusuma would ...
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
PT Asiatic Persada is a palm oil firm from Jambi, Indonesia. It was founded in 1979. [ 1 ] Its oil palm plantations spread over an area of approximately 270 square kilometres (100 sq mi). [ 2 ]
Energi Mega Persada (“ENRG”) a company focused on developing and exploring the upstream oil and gas in Indonesia was founded. [6] Bakrie Group also acquired 80% of the coal mining company PT. Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003.
The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.
Bintang invested US$1 billion [4] in a partnership with Tsingshan Holding Group to build Indonesia Morowali Industrial Park (IMIP) nickel processing facility in Central Sulawesi [5] which opened in 2015.
Persada may refer to: PT Asiatic Persada , a palm oil firm from Jambi, Indonesia Persada PLUS , original name of PLUS Expressways , a large highway concessionaries or build–operate–transfer operator company in Malaysia