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Sinar Mas is one of the eight companies responsible for sending hazardous level of smog to Singapore and Malaysia. Yet, company said forest fires within concession areas did not mean that it was the company that had started the fire. Sinar Mas had not been involved in any deforestation since 2013 and have zero burning policy since 1997. [15]
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]
Having experienced various assignments and positions in a number of Sinar Mas business pillars, in 2001 he was trusted to become the Managing Director of Sinar Mas, with the initial challenge of leading the Sinar Mas Debt Restructuring Task Force Team, which at that time amounted to USD13.5 billion, the impact of the Asian financial crisis in 1998.
Widjaja was born Oei Ek Tjhong (c. 1921 [a] –2019, born in Quanzhou, China as Oei Ėk-Tjhong) [7] He was the son of a Celebes-based trader. [8]Around 1930, he and his mother moved to Indonesia–then the Dutch East Indies–to join his father who had already settled in Makassar, Sulawesi, and he started helping his father to run a small shop.
The White Magnolia Plaza, also known as Sinar Mas Center, [1] is a skyscraper whose construction was initially suspended but resumed and was constructed in 2013, and was completed on January 4, 2017. [2] It is located north of the Bund, the historic riverfront district of Shanghai, adjacent to the international cruise terminal. The original ...
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 ...
BM Mazda3 / Mazda Axela: 2013–2018: BM rides on the new, clean-sheet SkyActiv chassis architecture. JDM Axela still use BM for facelift model. BN Mazda3: 2015–2018: BN is the facelifted version of BM. [6] Not applicable for JDM Axela. BY Mazda Axela Hybrid: 2013–2018: BY is the hybrid version of BM and BN, exclusive to the Japanese market ...
Golden-Agri Resources (GAR) is a Singaporean palm oil company, listed on the Singapore Stock Exchange since 1999. [1] In May 2015, its market capitalization was $4.1 billion. [2]