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Topic: Sudono salim


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In the News (Wed 9 Dec 09)

  
  CNN.com - Indonesia fears Salim will win BCA - January 11, 2002
Anthony Salim, the son of the conglomerate's founding tycoon Sudono Salim, has given his word that he will not try to buy back the shares of BCA, Sukardi claims.
Patriarch Sudono Salim was a close crony of former president Suharto.
Salim Group did something awful, and it was not appropriate if they control the shares again," he said.
edition.cnn.com /2002/BUSINESS/asia/01/11/indonesia.bca   (786 words)

  
 [A-List] Indonesia: privatisation woes
In a race to protect the Salim family jewel, Anthony was the first to knock on the door of the Indonesian Bank Restructuring Agency (IBRA).
IBRA was given 93 percent of the bank, with the remaining 7 percent still with the Salim family.
Laksamana, trusted implicitly by Megawati, was appointed by her on August 9 and she took the opportunity to elevate him to the lofty position of IBRA supremo.
lists.econ.utah.edu /pipermail/a-list/2002-March/036462.html   (1517 words)

  
 The New York Times > Business > World Business > Indonesian Food Giant Undergoes a Transformation
Salim is trying to effect a remarkable transformation of what was, until 1998, Indonesia's largest private company and one of Asia's most influential overseas Chinese operations, with fingers in almost every lucrative area of the economy.
Salim and his family, including the patriarch, Liem Sioe Liong, also known as Sudono Salim and now 91, fled to Singapore as angry mobs burned their property.
Salim is seeking to shore up his reputation as a solid manager.
www.nytimes.com /2004/11/26/business/worldbusiness/26noodle.html?ex=1259211600&en=8ca151e6db90d533&ei=5090&partner=rssuserland   (826 words)

  
 HARIAN UMUM SUARA MERDEKA   (Site not responding. Last check: 2007-10-22)
MASIH 7,19 PERSEN: Sudono Salim (Om Liem) bersama putranya Anthony Salim.
Keluarga Salim pada 6 September 2001 dikabarkan menolak melepas kepemilikan sahamnya di BCA sebagaimana yang diminta BI.
Surat Anthony Salim itu merupakan tanggapan atas surat BI pada Juli lalu yang meminta keluarga Salim melepaskan kepemilikan sahamnya di BCA pada 7 September 2001 karena mereka dinilai tidak memenuhi ketentuan kelayakan kepemilikan bank.
www.suaramerdeka.com /harian/0110/02/eko5.htm   (303 words)

  
 David W Brown - Addicted to Rent - Baseline Results: 1994/1995
In addition to being Indonesia's largest corporation, the Salim group was Indonesia's 16th largest timber concessionaire in 1995.
The owner of the Salim group, Liem Sioe Liong, is one of the former President's oldest friends, and there are considerable linkages between the timber holdings of the two families.
The Suharto family owns 20-25 percent of the Salim group's timber operations through their Hanurata timber company (CISI: 372-374), whose primary shareholders are Yayasan Harapan Kita and Yayasan Trikora, two foundations chaired by Suharto and his deceased wife (CISI 311-313).
www.geocities.com /davidbrown_id/baseline_b.html   (1944 words)

  
 The Jakarta Post - The Journal of Indonesia Today
Anthoni Salim took control of the management of giant food producer PT Indofood Sukses Makmur on Friday, marking the bold return of the seriously rich Salim family, which once had dominated many sectors of the country's economy for decades.
Anthoni, the son of tycoon Sudono Salim and the heir to the Salim Group business empire, was chosen by the firm's shareholders to replace Eva Riyanti Hutapea, who tendered her resignation last December amid reports of growing disagreement with the Salim family.
Media reports have speculated that Eva's resignation was due to increasing acrimony and disagreement over company policy between her and Anthoni, as well as other Salim family members, including Franciscus Welirang, the son-in-law of Sudono and the Indofood director responsible for the company's Bogasari Flour Mills division.
www.thejakartapost.com /yesterdaydetail.asp?fileid=20040626.@02   (557 words)

  
 Gatra.Com   (Site not responding. Last check: 2007-10-22)
Keluarga Salim, pada 6 September 2001 menolak melepas kepemilikan sahamnya di BCA sebagaimana yang diminta BI.
Surat Anthony Salim itu, merupakan tanggapan atas surat BI ke Anthony pada Juli lalu yang meminta keluarga Salim melepaskan kepemilikan sahamnya di BCA pada 7 September 2001 karena mereka dinilai tidak memenuhi ketentuan kelayakan kepemilikan bank.
Kepemilikan saham keluarga Salim di BCA tercatat 2,89 persen saham milik Anthony Salim, 2,15 persen milik Sudono Salim, dan 2,15 persen milik Andree Salim.
www.gatra.com /artikel.php?id=11053   (274 words)

  
 The Telegraph - Calcutta : Opinion
It shows how big and all-pervasive the Salim group’s presence is in the economic life of the world’s largest archipelagic nation with its territory spread over 17,508 islands.
It has been a long way for it from the time when Liem Sioe Liong, Anthony’s father and a Chinese Indonesian with the adopted name of Sudono Salim, built its fortune, thanks largely to his long-time friendship with President Suharto.
Anthony Salim has all the credentials to be Buddhadeb Bhattacharjee’s man of all reforms.
www.telegraphindia.com /1050827/asp/opinion/story_5161639.asp   (972 words)

  
 TIMEasia Magazine: Hard Times for the Rich
The Salims, once the favorites of dictator Suharto, had to surrender 90% of their empire to the government (in exchange for a bailout of Bank Central Asia) after the 1997 financial crisis.
Anthony Salim, the current family chief, has been trying to stage a comeback, but an attempt to raise money by unloading a stake in Philippine telco PLDT fell apart in 2002 due to resistance from Salim's own managers.
In December, the CEO of Salim's Indofood, the world's largest instant-noodle maker, resigned amid reports that she and Salim were fighting over the company's direction.
www.time.com /time/asia/covers/501040223/hardtimes.html   (622 words)

  
 Asia Times: No breaking the bank that Salim built
Liem Sioe Liong, the founder of the Salim group, was once one of the richest men in the world, according to Fortune and Forbes.
The Salim Group, by using BCA funds for capital, and violating the legal lending limit requirement, had shot itself in the foot.
Anthony Salim was appointed CEO of his father's empire in 1992 and transformed the group from an old-fashioned trading house into a sophisticated global conglomerate.
atimes.com /se-asia/CH15Ae02.html   (1887 words)

  
 Anthony Salim, Generasi Kedua Salim Group | Ensiklopedi Tokoh Indonesia
Anthony Salim alias Liem Hong Sien, CEO Group Salim (generasi kedua) terpilih sebagai salah seorang 10 Tokoh Bisnis Paling Berpengaruh 2005 versi Warta Ekonomi.
Majalah Forbes bahkan pernah menobatkan Liem Sioe Liong, pendiri Grup Salim, sebagai salah satu orang terkaya di dunia.
Anthony yang sudah dipercayakan memegang kendali perusahaan menggantikan ayahandanya Sudono Salim (Liem Sioe Liong) ini pun bertanggung jawab.
www.e-ti.com /ensiklopedi/a/anthony-salim/index.shtml   (521 words)

  
 [Kabar-indonesia] Indo News - 12/22/03 (Part 2 of 2)   (Site not responding. Last check: 2007-10-22)
Salim has been under pressure to sell Bogasari to raise cash for the acquisition of more local food brands,l such as snack producers PT Mayora Indah or firms in the dairy products sector.
First Pacific, itself 53.67 percent owned by the Salim Group, now owns 48 percent of Indofood and is said to be planning to sell off some assets in the Philippines and use some of the proceeds to help expand Indofood's operations into Australia, China, Singapore and Malaysia.
Salim, like every other Indonesian conglomerate, had been devastated by the battered rupiah currency on their wholesale dollar-denominated borrowings.
kabar-irian.com /pipermail/kabar-indonesia/2003-December/000630.html   (4514 words)

  
 [Kabar-indonesia] Indo News - 12/22/03 (Part 2 of 2)   (Site not responding. Last check: 2007-10-22)
Salim has been under pressure to sell Bogasari to raise cash for the acquisition of more local food brands,l such as snack producers PT Mayora Indah or firms in the dairy products sector.
First Pacific, itself 53.67 percent owned by the Salim Group, now owns 48 percent of Indofood and is said to be planning to sell off some assets in the Philippines and use some of the proceeds to help expand Indofood's operations into Australia, China, Singapore and Malaysia.
Salim, like every other Indonesian conglomerate, had been devastated by the battered rupiah currency on their wholesale dollar-denominated borrowings.
www.kabar-irian.com /pipermail/kabar-indonesia/2003-December/000630.html   (4514 words)

  
 Blogger: Email Post to a Friend
Sudono Salim), who is one of the richest men in Asia -- and the world -- and was a close friend and business associate of ex-Indonesian president Suharto, the dictator who ruled that country from 1967 to '98.
Liong is the founder of the hugely successful Salim Group, which has business interests ranging from food and cement to trading and transport.
Police say whoever robbed the Mahathirs' 7,700-square-foot, waterfront home got away with about $600,000 in merchandise and used the couple's $90,000 SUV to haul the goods away.
www.blogger.com /email-post.g?blogID=8578983&postID=109974718371998184   (424 words)

  
 Inside Indonesia 58 - The price of rice
It helped accelerate the growth of the private Salim Group, owned by Suharto’s long-time friend Liem Sioe Liong, a Chinese Indonesian whose adopted name is Sudono Salim.
In return, the Salim group became one of the strongest private supporters of the New Order’s high economic growth.
The expectation of such a quid pro quo among friends was presumably the reason why Bulog helped accelerate the Salim Group’s growth in the first place and was an important element in the creation of a powerful network of conglomerates.
www.insideindonesia.org /edit58/bulog.htm   (1516 words)

  
 UTAMA
Para pengusaha yang bermasalah itu antara lain Liem Sioe Liong (Sudono Salim), Prajogo Pengestu, The Nin King, Hendra Rahardja dan Ricardo Gelael.
Di bawahnya secara berurutan adalah Prajogo Pangestu, The Nin King, Anthony Salim (anak Sudono Salim), Eka Tjipta Widjaya, Hendra Rahardja, Rudy Ramli, Mbak Tutut, Arifin Panigoro, Sigit Soeharto dan Ricardo Gelael.
Sudono Salim (Liem Sioe Liong) Salim Group Rp 100 milyar
www.indomedia.com /bernas/9908/26/UTAMA/26uta2.htm   (689 words)

  
 IBonWEB.com - Eva To Resign From Indofood   (Site not responding. Last check: 2007-10-22)
For instance, Eva had been in a row with Franciscus Welirang, the son-in-law of Sudono Salim (founder of the Salim Group) and a director at Indofood who oversees company subsidiary PT Bogasari Flour Mills.
Indofood, established in 1990, was founded by Sudono Salim, a crony of former president Soeharto.
The government recently approved release and discharge status for the Salim Group over a past violation of banking regulations after the group was deemed cooperative in repaying debts to the government.
articles.ibonweb.com /webarticle.asp?num=1443   (530 words)

  
 ASIET NetNews Digest
For rice, the agents were mainly the Salim Group, although in January Suharto family members belatedly joined the rice-trade gravy train.
The Salim Group's Indofood is the world's biggest producer of instant noodles, which are sold so cheaply in Indonesia that they had become the staple of many of the urban poor.
But politics has indeed influenced Indonesia's largest conglomerate, the Salim group, as well as other so-called "presidential companies" that are closely associated with former president Suharto and his children.
www.asia-pacific-action.org /southeastasia/indonesia/netnews/1998/and27_v2.htm   (14670 words)

  
 Sudono Salim, Liem Sioe Liong | Ensiklopedi Tokoh Indonesia
Pengusaha Sudono Salim, yang bernama asli Liem Sioe Liong, sempat menduduki peringkat pertama sebagai orang terkaya di Indonesia dan Asia.
Di bawah kendali Anthony Salim, belakangan kerajaan bisnisnya bangkit kembali dan tak mustahil akan kembali menjadi terkuat di Indonesia.
Setelah situasi kembali membaik, usahanya yang dipimpin puteranya Anthony Salim dan para manajer profesional, kembali mulai bangkit.
www.tokohindonesia.com /ensiklopedi/s/sudono-salim/index.shtml   (700 words)

  
 IBonWEB.com - Salim Urged To Divest Stakes At BCA Bank   (Site not responding. Last check: 2007-10-22)
The government warned tycoon Salim’s family to divest its entire stakes at the publicly listed BCA Bank because the family failed to meet requirements.
Salim’s first generation, Sudono Salim holds 2.15 percent stakes while his sons Anthony and Andre Halim hold 2.89 percent and 2.15 percent stakes respectively.
According to Hadiyanto, the government decision to ban the Salim’s family from getting involve in BCA Bank in line with both the decree of Financial Sector Policy Committee (FSPC) and result of meeting between the government and the house of representative.
articles.ibonweb.com /webprint.asp?num=955   (280 words)

  
 Sudono Salim Segera Bayar Misrepresentasi - Sabtu, 3 Agustus 2002
Sudono Salim Segera Bayar Misrepresentasi - Sabtu, 3 Agustus 2002
Dari hasil FDD, jika kelak ada kurangnya, berapa pun akan kita minta mereka untuk membayar.
Selain membahas misrepresentasi Salim, BPPN juga akan mengambil alih aset yang dikuasai PT Holdiko, perusahaan penampung aset-aset eks Salim.
www.kompas.com /kompas-cetak/0208/03/ekonomi/sudo13.htm   (540 words)

  
 [Kabar-indonesia] Indo News - 12/22/02   (Site not responding. Last check: 2007-10-22)
Strategic Indecision Much of the indecision on the government’s part is ‘strategic’ in the sense that it clearly hopes to bring the predominantly ethnic Chinese tycoons’ treasures back into the national economy and at the same time tread carefully with its affluent neighbor, where much of the money is reportedly stashed.
The Salim Group, established by Liem Sioe Liong alias Sudono Salim and now run by his son Anthony Salim, is a particularly interesting case — and one on which the Financial Sector Policy Committee (KKSK) declined to rule at its meeting last week with Sukardi and other top economic ministers.
The Salim Group owed some Rp53 trillion but surrendered assets under their agreement with the government that turned out to be worth only Rp20 trillion.
kabar-irian.com /pipermail/kabar-indonesia/2002-December/000164.html   (4733 words)

  
 Liem Liong: ZoomInfo Business People Information   (Site not responding. Last check: 2007-10-22)
Liem Liong's summary was automatically generated using 25 references found on the Internet.
Liem Sioe Liong, head of the massive Salim group, did at one stage indicate he was willing to donate just one percent of the company's shares to cooperatives, but even this was never realised.
Vice-Chairs: Haryono Suyono (Minister of State for Population), Liem Sioe Liong (Head, Salim Group), Sudwikatmono (Suharto's half brother).
www.zoominfo.com /directory/Liong_Liem_41139688.htm   (453 words)

  
 CNN.com - PLDT files U.S. legal challenge to First Pacific - July 4, 2002
PLDT chairman Antonio Cojuangco is an ally of Pangilinan
Pangilinan, a protege of Sudono Salim (Lim Sioe Liong), the family patriarch who set up First Pacific, oversaw the company's growth in the 1980s until the Asian financial crisis struck in the late 1990s.
Sources said that a falling-out with Salim's son Antony Salim has led to First Pacific's planned divestment of assets in the Philippines.
archives.cnn.com /2002/BUSINESS/asia/07/04/phil.pldt.biz/index.html?related   (700 words)

  
 Apa dan Siapa - SUDONO SALIM   (Site not responding. Last check: 2007-10-22)
Lahir sebagai Lin Shao-liang, anak kedua dari tiga bersaudara ini mengikuti jejak abangnya, Liem Sioe Hie, yang sudah mendarat di Jawa sembilan tahun lebih awal.
Kini, bos perusahaan induk Liem Investors di Hong Kong, dan PT Salim Economic Development Corporation (SEDC) di Jakarta, itu sering disebut sebagai ''pengusaha terkaya nomor enam di dunia''.
''Dihitung-hitung, ada sekitar sepuluh perusahaan yang kami tutup, karena kalah bersaing,'' ujar Anthony Salim, nomor dua dari empat putra Liem -- yang sering disebut-sebut sebagai ''putra mahkota''.
www.pdat.co.id /hg/apasiapa/html/S/ads,20030626-105,S.html   (758 words)

  
 Interview Rijanto Sastroatmodjo:
Up to now, the flour trade has been delegated to Bulog (the National Logistics Agency) which appointed PT Bogosari to mill the flour.
PT Bogasari is controlled by Sudwikatmono, Sudono Salim and members of Soeharto's family.
This is also a small blow for the Salim Group which has up to now controlled the cement market through PT Indocement Tunggal Prakasa.
www.tempo.co.id /ang/min/02/35/utama-e.htm   (851 words)

  
 Corfina NEWS Clips - 24 January 2002
But the MSAA is inconsistent with the country's banking law, which stipulates that a violation of the legal lending limit is a crime.
The ex-bankers including tycoons Sudono Salim, Sjamsul Nursalim, Bob Hasan, Usman Admadjaja and Hokiarto have so far declined to repay debts or surrender assets.
In some cases, the assets surrendered were either those which had been pledged to other creditors or had little market value.
www.corfina.com /financial_news/january_02/jan_24_02.htm   (1004 words)

  
 Laporan Utama
Things came to a head on Friday night (November 14, 1997), when the Hongkong branches of BCA and Bank Lippo were rumored to be closed.
"Taipan" Sudono Salim alias Liem Sioe Liong - about whom whisperings of ill health have been circulating for some time -- was reported to have died.
Finally, the taipan was "forced" to make an appearance at the launch of the Satria moped, manufactured by the Suzuki group, on Friday night.
www.tempointeractive.com /ang/min/02/37/utama-e.htm   (865 words)

  
 [Kabar-indonesia] Indo News - 12/22/02   (Site not responding. Last check: 2007-10-22)
Strategic Indecision Much of the indecision on the government’s part is ‘strategic’ in the sense that it clearly hopes to bring the predominantly ethnic Chinese tycoons’ treasures back into the national economy and at the same time tread carefully with its affluent neighbor, where much of the money is reportedly stashed.
The Salim Group, established by Liem Sioe Liong alias Sudono Salim and now run by his son Anthony Salim, is a particularly interesting case — and one on which the Financial Sector Policy Committee (KKSK) declined to rule at its meeting last week with Sukardi and other top economic ministers.
The Salim Group owed some Rp53 trillion but surrendered assets under their agreement with the government that turned out to be worth only Rp20 trillion.
www.kabar-irian.com /pipermail/kabar-indonesia/2002-December/000164.html   (4733 words)

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