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.


Damage control

After being named and shamed, major Indonesian companies have spent millions on firefighting and repairing their reputations
Indonesia palm oil tycoon who built $12.6 bil empire dies - THE EDGE SINGAPORE


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.


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.


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

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.

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.


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.

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.