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Top related persons:
Agung - 1 Sugianto Kusuma — - 1 Salim - 1 Anthoni Salim - 1 Agung Sedayu - 1 Kusuma - 1 It's - 1 Joko Widodo - 1
Top related locs:
North Jakarta The China Singapore Agung Sedayu Kapuk Soekarno Indonesia
Top related orgs:
Bloomberg - 1 Salim Group - 1 PT - 1 Hatta - 1 Forbes - 1 Nusantara - 1 Kusuma - 1 Agung Sedayu - 1

Search resuls for: "Anthoni Salim"


2 mentions found


☆ Indonesian tycoons are trying to build a new city, complete with a port, a theme park, and an F1 racetrack
  + stars: | 2024-12-02 | by ( Katherine Tangalakis-Lippert | Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +3 min
The city, PIK 2, is worth about $16 billion and is intended to drive tourism to the area. Bloomberg reported the developers are in touch with partners in China and Singapore to build a port at PIK 2. Indonesian business tycoons are moving ahead with an ambitious real estate project: building a new city in North Jakarta to boost tourism. The publicly traded parent company behind the project — PT Pantai Indah Kapuk Dua — has a $16 billion market capitalization. AdvertisementRepresentatives for Kusuma at PT Pantai Indah Kapuk Dua and Agung Sedayu Group did not respond to requests for comment from Business Insider.
Persons: Agung, Sugianto Kusuma —, Salim, Anthoni Salim, Agung Sedayu, Kusuma, It's, Joko Widodo Organizations: Bloomberg, Salim Group, PT, Hatta, Forbes, Nusantara, Kusuma, Agung Sedayu, Business Locations: North Jakarta, The, China, Singapore, Agung Sedayu, Kapuk, Soekarno, Indonesia, Jakarta, East Kalimantan, Borneo, Kapuk Dua, Agung
☆ Coal miner Bumi Resources to receive $1.6 bln capital to pay off debt
  + stars: | 2022-10-11 | by ( Fransiska Nangoy | ) www.reuters.com   time to read: +2 min
JAKARTA, Oct 11 (Reuters) - Shareholders of Indonesia's largest coal miner PT Bumi Resources on Tuesday approved a share sale plan worth $1.6 billion to companies controlled by billionaire Anthoni Salim, aimed at helping the miner repay longstanding debt. Mach Energy is jointly controlled by conglomerates Bakrie Group and Salim Group, while 85% of TGIL is controlled by Salim, according to a prospectus released prior to the shareholders meeting. Bumi went through a court-led debt restructuring process in 2016 and its outstanding debt from the restructuring is estimated at roughly $1.5 billion currently, according to the prospectus. After the sale, the new investors will gain a combined stake of around 58% of Bumi Resources. Dileep said Bumi would be jointly controlled by Salim and the Bakrie Group - which is led by another Indonesian tycoon, Aburizal Bakrie - after the share sale.
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