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Sinar Mas Group
Company in the news
Sinar Mas Land forms investment arm to accelerate startups in BSD City ecosystem
The investment arm, called Living Lab Ventures, will accelerate and fund potential startups in Indonesia.
June 27, 2022
Sustainability
Damage control
After being named and shamed, major Indonesian companies have spent millions on firefighting and repairing their reputations
September 27, 2019
Obituary
Indonesia palm oil tycoon who built $12.6 bil empire dies
Eka Tjipta Widjaja became a coconut and palm-oil trader at the age of 15 before building a multi-billion dollar empire.
January 27, 2019
Commodities
GEAR fails to win bid for Stanmore Coal
(Jan 23): Singapore’s Golden Investments said on Wednesday that it will seek a board position at Australia’s Stanmore Coal as its biggest shareholder, despite the failure of a A$240 million ($232.8 million) takeover bid.
January 24, 2019
Results
Golden Energy and Resources 1Q earnings increase over 11-fold to $26.5 mil on revenue surge
SINGAPORE (May 15): Golden Energy and Resources (GEAR), the coal mining and trading company, posted 1Q earnings of US$19 million ($26.5 million), up more than 11 times from its earnings of US$1.7 million in the previous year on higher revenue and lower
May 15, 2017
Hot Stock
This week's portfolio addition Golden Energy and Resources up 3%
SINGAPORE (Feb 20): Golden Energy and Resources (GEAR) is up 1.5 cents or 2.9% to 53.5 cents with 5 million shares traded.
February 20, 2017
In print this week
GEARing up to ride the big coal price run
SINGAPORE (Dec 16): After being suspended for 18 months, shares of Golden Energy and Resources (GEAR) are currently trading at a bargain compared with those of other Indonesia-based coal miners.
December 16, 2016
Commentary
Singapore on the spot: Bloomberg Gadfly
SINGAPORE (Nov 17): Singapore is starting to discover that being a financial centre can sometimes leave you conflicted. The Widjaja family, among Indonesia's wealthiest, is the one delivering the message.
November 17, 2016
At 0.4% its size, Singapore wants more phone carriers than China
SINGAPORE (Sept 2): Singapore’s population may be 0.4% the size of China’s but the tiny city-state may soon host a larger number of carriers than the world’s largest mobile-phone market.
September 02, 2016