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Indonesian conglomerate
The Bakrie Group is an Indonesian conglomerate founded by Achmad Bakrie in 1942. It has ownership shares in various industries, including mining, oil and gas, property development, infrastructure, plantations, media, and telecommunications. The group is one of the largest business groups in Indonesia, with 10 of its companies listed on the Indonesia Stock Exchange.
More on Wikipedia ↗Indonesian conglomerate holding company
Sinar Mas is one of the largest conglomerates in Indonesia. It was formed in 1938. It has numerous subsidiaries, including Asia Pulp & Paper and palm oil producer PT SMART. The company also acquired Berau Coal Energy from Asia Resource Minerals PLC, a major mining group founded by Nathaniel Rothschild, in a takeover initiated by Fuganto Widjaja.
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