Sinar Mas

Sinar Mas
FormerlySinar Mas Group (1938-2006)
Company typePrivate
IndustryConglomerate
FounderEka Tjipta Widjaja
Headquarters,
Websitewww.sinarmas.com/en/

Sinar Mas is one of the largest conglomerates in Indonesia. It was formed in 1938.[1] 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.[2]

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.

  1. ^ "Sejarah Eka Tjipta Widjaja Bangun Kerajaan Bisnis Sinar Mas". Detik Finance. 2019-01-27.
  2. ^ ""Fuganto Widjaja, Sinar Mas: a new start in Indonesia"". Financial Times. 2015-08-30.