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Economy

Indonesian Billionaire Widjaja Family Raises Sinarmas Land Bid Amid Criticism From Minority Shareholders

DailyTrend

May 12, 2025 - 01:00

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Indonesian Billionaire Widjaja Family Raises Sinarmas Land Bid Amid Criticism From Minority Shareholders

The latest offer values Sinarmas Land—which owns some of the prime office buildings in Jakarta including the 48-story Sinarmas MSIG Tower—at about $1.2 billion.