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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

Asian Real-Estate Investors Are Thinking Small

After years of splurging on pricey condos and mansions in the West, Asia's rich now are buying small office buildings, retail shops and branded hotels in Europe and North America, searching for stable returns and diversifying away from home markets they ...
Posted: July 16, 2013, 8:08 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

Indonesia's 40 Richest

Martua Sitorus, who merged the palm oil holdings of his Wilmar ... Also own stakes in country’s largest private bank, Bank Central Asia. Developing Grand Indonesia, a luxury shopping mall, office building and hotel complex in the center of Jakarta.
Posted: December 14, 2007, 5:10 am

Not just any Wilmar supplier caught violating no-deforestation policy

A new report by Greenomics-Indonesia, an NGO, finds clearing of forested peatlands on a concession controlled by the Ganda Group, whose owner, Ganda Sitorus, is the younger brother of Wilmar co-founder Martua Sitorus. The findings are confirmed by ...
Posted: July 30, 2015, 3:33 pm

Ex-Tinkler Group exec heads bid for part of Rio Tinto's coal

A senior Wilmar International executive, Indonesian billionaire Martua Sitorus, and associated companies, emerged with a 6 per cent stake in 2013 after buying the shares off Tinkler. Those companies included Golden Parklane Ltd, Bolney Enterprises ...
Posted: August 26, 2015, 7:21 am
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