"martua sitorus biography"
Martua Sitorus
Martua Sitorus Net Worth is $1,750 $Million. Martua Sitorus (born 1960), also known as Thio Seng Hap, was a Chinese Indonesian businessman. He was known as the fourth richest people in Indonesia and #. Martua Sitorus (born 1960), also known as Thio Seng Hap, was a Chinese Indones...

Martua Sitorus Net Worth is $1,750 $Million.

Martua Sitorus Net Worth is $1,750 $Million. Martua Sitorus , also known as Thio Seng Hap, was a Chinese Indonesian businessman. He was known as the fourth richest people in Indonesia and # Martua Sitorus , also known as Thio Seng Hap, was a Chinese Indonesian businessman. He was known as the fourth richest people in Indonesia and #377 in the world, according to Forbes. He and his partner, Robert Kuok founded Wilmar International, the largest palm oil industries in the world.
Wilmar's business activities include oil palm cultivation, oilseeds crushing, edible oils refining, sugar milling and refining, specialty fats, oleochemicals, biodiesel and fertilizers manufacturing and grains processing. It has over 300 manufacturing plants and an extensive distribution network covering China, India, Indonesia, United States and some 50 other countries.
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Martua Sitorus Latest News

Indonesian billionaire emerges as significant Whitehaven Coal shareholder

A senior executive at Wilmar International Ltd, the world's biggest producer of palm oil, emerged on Thursday as a significant shareholder in Australia's Whitehaven Coal Ltd. A filing to the Australian Stock Exchange showed Martua Sitorus and companies ...
Posted: June 19, 2013, 11:03 pm

FACTBOX-Indonesia's palm oil tycoons drive investment spree

In 2007, self-made Martua Sitorus merged his palm oil business with that of Kuok Khoon Hong, a nephew of Malaysia's richest man. The result: Wilmar International, the world's largest listed palm oil firm with an empire of estates, refineries, oilseed ...
Posted: July 14, 2012, 5:00 pm

Palm Reserves in Indonesia Falling as Dryness Curbs Harvest

While the harvest of fresh fruit bunches in Kalimantan was delayed in October because of the dry weather, production is picking up this month, Martua Sitorus, executive deputy chairman at Wilmar International Ltd., said in Singapore on Nov. 12. The world ...
Posted: November 14, 2014, 4:28 am

Don't be fooled by 'zero deforestation' promises

But what is a no-deforestation promise really worth ... which is managed by the brother of Wilmar co-founder Martua Sitorus. On paper, Wilmar is no longer responsible for that company even though, according to the Indonesian NGO Perkumpulan Hijau, Wilmar ...
Posted: May 19, 2014, 10:12 am

Palm-Oil Billionaires Acquire London Tower for $473 Million

June 2 (Bloomberg) -- Kuok Khoon Hong and Martua Sitorus, the billionaire founders of the world’s largest palm oil processor, bought Aviva Plc’s headquarters building in London for 288 million pounds ($473 million). The purchase is a private investment ...
Posted: June 2, 2011, 8:40 am
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