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Beckett Pte Ltd, 29% of which is indirectly owned by Sukanto Tanoto, was in legal disputes against Deutsche Bank, claiming that the bank had pledged shares, owned directly or indirectly by Beckett Pte Ltd in PT Swabara Mining and Energy, PT Asminco Bara Utama, PT Indonesia Bulk Terminal and PT Adaro Indonesia without due process and at an ...
HSBC had admitted it held shares in Golden Agri-Resources Ltd, the palm oil arm of the Sinar Mas Group, via asset management funds including its Climate Change Fund. [22] Although according to the bank's ethical forestry policy, the bank would not finance plantations converted from natural forest since June 2004, the rule then did not apply to ...
APRIL's main pulp and paper subsidiary is Riau Andalan Pulp & Paper.PT RAPP, usually called RAPP Riau, operates in Riau Province, Sumatra, Indonesia.APRIL's pulp and paper mill located at Pangkalan Kerinci in Riau Province, Sumatra, Indonesia is capable of producing up to 2.8 million tonnes of pulp and 1.15 million tonnes of paper per year.
Musim Mas Group is an Indonesian food processing company operating globally in the palm oil industry, with a presence in 13 countries spanning Asia-Pacific, Europe, North America, and South America. The group owns a significant network of palm oil refineries and is involved in vegetable oil refining .
Bintang Delapan Group is one of the largest mining companies based in Indonesia. It mines minerals and smelts metals in Indonesia , the Solomon Islands and Myanmar , and partly owns the Indonesia Morowali Industrial Park .
PT Mayora Indah Tbk (formerly PT United Brand), also known as the Mayora Group or simply called Mayora, is an Indonesian multinational food and beverage company headquartered in Jakarta. It was founded on 17 February 1977 by Jogi Hendra Atmadja. The company is recognized as the world's largest coffee candy manufacturer through the Kopiko brand.
In 2010, CMSB sold Utama banking group to Petro Saudi International Ltd, an investment company based in Saudi Arabia for cash return. [11] In the same year, CMSB ceased the operations of its loss-making ICT subsidiary company "I-system Group Berhad", acquired five years before. [ 11 ]
The company was founded by Indonesian businessman Arifin Panigoro in 1980 and is headquartered in Jakarta, Indonesia. [3] [4] In October 2015, the company bought an interest in the Singa gas field in the Lematang Block located in South Sumatra for $22 million [5] and, in May 2019, the company acquired Ophir Energy in a deal valued at $517.6 million.