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Sinar Mas was founded by a Chinese Indonesian tycoon, Eka Tjipta Widjaja. Sinar Mas businesses operate in different sectors such as pulp & paper, real estate, financial services, agribusiness, telecommunications, and mining. The businesses are listed in the Indonesian and Singapore stock exchanges.
Asia Pulp & Paper was founded as Tjiwi Kimia by Eka Tjipta Widjaja who at the time was a refiner of coconut oil. In 1972 he started Pabrik Kertas Tjiwi Kimia along with Taiwanese investors with the purpose of making paper. [1]
Due to this, Bumi Serpong Damai changed ownership to Sinar Mas Land around 2003–2004. To change its brand image, Sinar Mas eventually changed the name of the township into its initials, becoming BSD City, and built new residential clusters with new names (De Latinos, The Icon, Sevilla, Foresta, etc.) to market it better.
The Widjaja's Sinar Mas subsidiary company, Asia Coal Energy Ventures, spearheaded by the 33-year-old Fuganto Widjaja, together with Argyle Street Management Ltd., countered on 7 May 2015 with a cash offer and alternative recapitalisation plan involving a $150 million cash injection and a restructuring support agreement similar to the one ...
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Sinarmas World Academy (SWA) is a private school in South Tangerang. SWA opened its first classes from Pre-K to Grade 7 in July 2008. Grade 9 and Grade 10 were added in 2009 and Grade 11 with the start of the IB Diploma Programme in August 2010. English is the language of instruction, and all students study Bahasa Indonesia and Mandarin.
This subdivisions is a local level of government beneath the provincial level. However, they enjoy greater decentralisation of affairs than the provincial body, such as provision of public schools and public health facilities. They were formerly known collectively as Daerah Tingkat II (Level II Region). [14]
In Peninsular Malaysia, a district is a subdivision of a state.A mukim (commune, sub-district or parish) is a subdivision of a district.The National Land Code assigns land matters, including the delineation of districts, to the purview of state governments. [1]