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Bakrie Sumatera Plantations Tbk (BSP) is a subsidiary of Bakrie Group. [28] BSP has extensive landbanks. [29] One of its directors is Bungaran Saragih, a former minister of agriculture. [30] It operates or used to operate on peatlands. [31]
PT Bumi Resources Tbk is one of the largest mining companies in Indonesia and is structured as a holding company. [3] In the 2012 Forbes Global 2000 , Bumi Resources was ranked as the 1898th-largest public company in the world. [ 4 ]
In 2021 DW News and 2023 The Guardian reported, major shareholders in the company as the Indonesian company Bumi Resources Minerals [7] and China Non-Ferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd., [4] which is a subdivision the Government of China owned China Nonferrous Metal Mining Group.
In April 2011, Vallar plc was renamed Bumi plc. [5] In September 2012 the company announced that it was looking into possible financial irregularities at its Indonesian arms resulting in a 14% fall in its share price. [6] Its much-delayed financial results for 2012 showed a $200m black hole. [7]
PT Adaro Energy Indonesia Tbk is an Indonesian coal mining company, the country's second-largest by production volume and largest by market capitalisation. In the 2023 Forbes Global 2000 , Adaro Energy was ranked as the 1393th-largest public company in the world. [ 1 ]
PT MNC Asia Holding Tbk (IDX: BHIT), better known as MNC Group, is an Indonesian conglomerate company founded in 1989. This company operates in the fields of mineral resources, mass media, and investment.
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 ...
[10] [11] [12] Glencore International is a shareholder in Harita's Bauxite Division in PT Cita Mineral Investindo Tbk. Nickel division: The group also mines and sells nickel ore. In June 2015, Harita Group announced its investment of US$380 million to build a nickel smelter and a 120-megawatt power plant in North Maluku.