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www.globeasia.comT op Group s
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FKS Multi Agro
Animal feed, trading
Private
$910 million
PT FKS Multi Agro Tbk is a powerful player in soybean imports, having steadily grown its business.
The group has been cooperating with state-owned port operator Pelindo on the construction of
a $30-million, 100,000-metric-ton warehouse complex in Surabaya to strengthen distribution
channels in East Java. The company is also developing corn plantations near Bual-bual village in
East Kutai district, East Kalimantan. It has allocated capital expenditure of between $10 million and
$15 million this year to fund expansion of subsidiary PT Nusa Prima Logistik.
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OCBC-NISP
Banking
Foreign/Singapore, OCBC
$915 million
Bank OCBC NISP has announced a digital transformation of its business by adopting Office 365 technology to increase productivity and
competitiveness in Indonesia. With the need to be more competitive and agile, this strategic move is aimed at transforming the organization
to enable future growth. Bank OCBC NISPwas established in Bandung, West Java, in 1941 as the Nederlandsch-Indische Spaar en Deposito
Bank. It now has 325 offices in 61 cities throughout Indonesia, supported by 736 automated teller machines. It also has access to a network
of more than 179,000 ATMs throughout Indonesia and more than 900 OCBC Group ATMs in Singapore and Malaysia.
David Gita Roza/id photo, antara photo