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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

Palm Surges to Highest Since September 2012 on Weather Concerns

Futures increased 9.6 percent last month, the most since October. Dry weather may limit Indonesia’s increase in palm oil production in the first half, Martua Sitorus, executive deputy chairman at Wilmar International Ltd., said Feb. 21. The dry weather ...
Posted: March 2, 2014, 7:32 pm

Key Wilmar partner stakeholder provides western link

The biggest shareholders are the wider Kuok family with 18 per cent, followed by ADM, with Kuok Khoon Hong and an associate, Martua Sitorus, holding a combined 22 per cent. Asked if he could envisage a deal between the two, Mr Kuok says: “We’ll get ...
Posted: February 24, 2014, 8:49 pm

Wilmar Wins China Land Bid

Wilmar was co-founded in 1991 by the Singaporean Kuok Khoon Hong and Indonesian Martua Sitorus, both of whom are now billionaires ranked by Forbes as the 4 th richest people in their respective countries. Malaysia’s richest man Robert Kuok Hock Nien is ...
Posted: January 5, 2011, 4:00 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 15, 2012, 2:45 pm

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, 10:33 pm
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