"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

Wilmar strikes S$19.2m conditional sale agreement with St James Holdings

in the enlarged share capital of St James. Save for Mr Kuok Khoon Hong and Mr Martua Sitorus, none of the Directors or controlling shareholders of the company have an interest, direct or indirect, in the Sale Assets and the Acquisition.
Posted: March 17, 2014, 5:35 am

Palm oil deal undermines efforts to resolve 25-year conflict in Sumatra

PT AMS is a unit of the Ganda Group, a business group owned by Ganda Sitorus, the brother of Wilmar founder Martua Sitorus. The IFC-mediated negotiations that took place under Wilmar also involved the provincial government of Jambi. However, PT Asiatic ...
Posted: October 15, 2013, 3:39 pm

ADM boosts stake in food commodities rival Wilmar

Chicago-based ADM paid S$194m ($147m) for an additional 60m shares of Wilmar, boosting its stake from 16.4 per cent to 17.3 per cent, according to a securities filing Friday. It bought the shares from Martua Sitorus, Wilmar executive deputy chairman and an ...
Posted: December 5, 2014, 3:04 pm

With A Global Footprint, Pan Brothers Lead In Sales As Indonesia's Largest Garment Manufacturer

The other significant shareholder is Ganda Sitorus, brother of billionaire Martua Sitorus of Wilmar, but he sits happily as a silent investor. From the days of disgruntled workers in 1997 the new managers have worked hard to improve employee conditions.
Posted: April 1, 2015, 2:48 pm

Green Deserts: The Palm Oil Conflict

A major owner of plantations and producer of a wide range of edible oils, the largest percentage of which is palm oil, Wilmar aims to be Asia’s ... Established in 1991 by Kuok Khoon Hong of Malaysia and Martua Sitorus from Indonesia, Wilmar now owns ...
Posted: February 15, 2012, 4:00 pm
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