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The Sidoarjo mud flow is the result of an erupting mud volcano [4] in the subdistrict of Porong, Sidoarjo in East Java, Indonesia that has been in eruption since May 2006. It is the biggest mud volcano in the world; responsibility for it was credited to the blowout of a natural gas well drilled by Lapindo Brantas, although some scientists [5] and company officials contend it was caused by a ...
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 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]
The company also acquired Berau Coal Energy from Asia Resource Minerals PLC, a major mining group founded by Nathaniel Rothschild, in a takeover initiated by Fuganto Widjaja. [ 2 ] Sinar Mas was founded by a Chinese Indonesian tycoon, Eka Tjipta Widjaja .
Gunung Agung is one of Indonesia's leading bookstore companies. It is named after the volcano of that name in Bali, Indonesia.. The origin of the bookstore dates back to 1953 [1] when the late Tjio Wie Tay (1927–1990), who later became popularly known as Haji Masagung, [2] started a kiosk selling books, newspaper and magazines under the partnership name Thay San Kongsie in Central Jakarta ...
Palm oil division: In April 2012, the Harita Group listed its palm oil division, Bumitama Agri, on the Singapore Exchange.Since then, the company has won numerous awards, including Forbes' Best Under A Billion award, Asiamoney's Best Corporate Governance Award, Best Corporate Social Responsibility Award, Best For Disclosure and Transparency Award, Most Outstanding Company in Singapore and Best ...
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 ...
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