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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.
PT Bank Sinarmas Tbk is a subsidiary of Sinar Mas Multiartha engaged in banking. To support its business activities, by the end of 2020, the bank has 69 branch offices , 134 sub-branch offices, 140 cash offices, 28 sharia branch offices, and 12 sharia cash offices.
In December 1976, Indah Kiat was formed as a joint venture between CV Berkat (an Indonesian company), Chung Hwa Pulp Corporation, and Yuen Foong Yu Paper Manufacturing Company. Sinar Mas acquired 67 per cent of the venture's total shares. [3] Tjiwi Kimia was listed on the Jakarta and Surabaya Stock Exchanges beginning in 1990.
1947–1980: Barangsiapa meniru atau memalsukan uang kertas dan barangsiapa mengeluarkan dengan sengaja atau menyimpan uang kertas tiruan atau uang kertas yang dipalsukan akan dituntut di muka hakim. (Whoever imitates or falsifies banknotes and whoever issues or keeps imitation or falsified banknotes on purpose will be prosecuted by law.)
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.
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.
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.
Term of office Party Vice president Took office Left office Election Time in office 1 Sukarno (1901–1970) 18 August 1945 18 May 1963 1945: 21 years, 206 days