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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.
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.
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.
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.
During the Dutch colonial era, the Dutch administration recorded Chinese names in birth certificates and other legal documents using an adopted spelling convention that was based primarily on the Hokkien (Southern Min), the language of the majority of Chinese immigrants in the Dutch East Indies.
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 MSIG Tower: 230 48 2014 Menara BCA: 230 56 2007 Casa Domaine Tower 1: 230 60 2016 20 Keraton at The Plaza: 225 48 2009 21 Mangkuluhur City Apartment Tower A: 224 [24] 52 2017 22 BTPN Tower: 223 48 2016 23 Telkom Landmark Tower 2: 220.2 52 2016 24 Equity Tower: 220 44 2010 25-26 The Peak 1: 219 55 2008 The tallest twin tower in ...