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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 restructured on August 14, 1990, as PT Panganjaya Intikusuma. [2] [3] In 1994, the company was renamed to PT Indofood Sukses Makmur, and it was listed on the Indonesian Stock Exchange on July 14, 1994. [2] [3] It is one of the companies owned by the family of Sudono Salim under the Salim Group. [4]
The Group has its operations spread in Tanzania Mainland & Zanzibar, Kenya, Uganda, Malawi, Mozambique, Zambia, Rwanda, Burundi, Zimbabwe and in South Africa. There are range of companies under its umbrella and with investments primarily in the Food and Beverage Sector, Packaging, Logistics, Marine Passenger Services, Petroleum and Entertainment.
Bank Central Asia (BCA) was founded by Salim Group as “NV Perseroan Dagang Dan Industrie Semarang Knitting Factory". Originally the bank started small however it was expanded by banker and conglomerate Mochtar Riady who took control of the bank. [ 3 ]
In 2006, Salim Group acquired a controlling stake in COSCO Development and the company was renamed to Shanghai Wanye Enterprises. [5] [6] Due to the sluggish real estate market, Salim Group looked to transform SWEC into a semiconductor company by acquiring overseas firms although the initial plan did not materialize.
Anthony Salim, born Liem Hong Sien (Chinese: 林逢生; pinyin: Lín Féngshēng; Pe̍h-ōe-jī: Lîm Hông Senn; born 25 October 1949), is an Indonesian businessman and investor. He is the head of the conglomerate Salim Group and the chairman of First Pacific, a Hong Kong–based investment management firm.
A native of Fuqing, Fujian, China, he and fellow Fuqing native Sudono Salim (Liem Sie Liong) co-founded the conglomerate Salim Group, which grew into Indonesia's largest company. [1] [2] He founded Indocement and Indofood as part of the Salim Group, [1] and was a major shareholder of Hong Kong–based investment management conglomerate First ...
Galfar Engineering and Contracting SAOG was founded by Dr. Salim Said Al Fannah Al Araimi, Sheikh Mohamed Rashid Al Fannah Al Araimi and Dr. P. Mohamed Ali. Galfar Engineering is known as one of the largest engineering, contracting and construction companies in the Sultanate of Oman. Its headquarters is situated in Ghala, Muscat, Sultanate of Oman.