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, 2018
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Erajaya Sembada
Private
Trading control
Budiarto Halim
$1.7 billion
PT Erajaya Swasembada Tbk has become a leader in
the sales and distribution of mobile telecommunication
equipment in Indonesia over the past decade. The
group manages more than 730 stores across the
archipelago, some of them leading retail outlets such
as iBox, erafone and tam, through 10 subsidiaries.
The company was founded by president director
Budiarto Halim and his brother-in-lawAdy Hardy
Widjaya. Budi started the business while working for
Electrindo Nusantara. Erajaya supplies brands such as
Sony Ericsson, HTC Dell, Huawei, Nokia, Motorola, LG,
BlackBerry, Acer and Samsung, while it works closely
with leading Indonesian mobile telecommunication
providers Telkomsel, Indosat and XL Axiata.
25
ABC Group
Private
Industry, consumer goods
Husain Djojonegoro
$1.7 billion
As a major player in the fast-moving consumer goods
sector, the ABC Group started with the production
and sale of batteries, energy drinks and other day-
to-day needs. Now it controls sprawling interests in
chemicals, pharmaceuticals, printing, property, hotels
and investment. It has production facilities in Jakarta
and in Medan, North Sumatra, and Surabaya, East
Java. The group, founded by Chandra Djojonegoro
and controlled by his son Husain Djojonegoro,
currently produces popular brands of drinks, such
as Kratingdaeng, Tango and Kiranti. The group has
cross-ownership with the Orang Tua Group, owned by
Husain’s brother Hamid Djojonegoro, which produces
and distributes consumer products. The company’s
latest product is Nu Oceana, a rehydration beverage
containing natural sea salt and lemon.
27
Indo Tambangraya Megah Tbk/
Banpu Minerals
Coal mining, energy
Foreign/Thailand
$1.65 billion
The group is currently
reaping the benefit of a
sudden rise in coal prices,
while also expanding its
power-plant business. Rising
coal consumption in China due
to a severe winter and sluggish
domestic production has prompted
that country’s government to allowmore coal imports since
the end of 2017. A coal shortage in India has also led to a higher
reliance on imports. Last year, Indo Tambangraya Megah Tbk
sold 23.1 million metric tons of coal, mainly to Japan, China,
Thailand, India, South Korea, the Philippines and other Asian
countries. The company has a production target of 22.5
million tons this year and it is implementing new strategies to
strengthen its position as energy company, such as exploring
opportunities in renewable energy.
moh. defrizal/ga photo