Sukanto Tanoto

Sukanto Tanoto (traditional Chinese: 陳江和; simplified Chinese: 陈江和; pinyin: Chén Jiānghé; born in Medan on 25 December 1949) was said in 2008 as the richest Indonesian, according to the Forbes magazine with the total net worth of US$ 2.8 billion (ranked 418th on Forbes 500 list). Started as a supplier of equipment and materials for the state own oil firm Pertamina, Sukanto Tanoto then moved to the forest industry in 1973. He acquired public pulp and paper business Asia Pacific Resources International on New York Stock Exchange, which then delisted in 2001. His current business vehicle is Raja Garuda Emas International or Royal Golden Eagle International (RGEI), a holding company with its activities ranging from paper, palm oil, construction, and energy business sectors.

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Sukanto Tanoto - Corporate Responsibilities and Philanthropic Activities
... Having learned hard experience with Indorayon, Tanoto began to establish a corporate social responsibility (CSR) along with his other pulp business in Riau province ... Through Riau Andalan Pulp Paper (RAPP), Tanoto built schools, established a farming system to teach villagers an alternative cultivation than the slash-and-burn technique and ... Sukanto Tanoto also set up The Tanoto Foundation, which awards Tanoto Foundation Professorship Award ...
Sukanto Tanoto - News
... Laurel Teo from The Business Times caught up with Sukanto Tanoto in Singapore, where he has been based for more than 10 years ... Recognising the merits of conservation and sustainable development, Sukanto Tanoto talked about his various businesses and his environmental philosophy with ... Sukanto Tanoto told Joe Leahy from Financial Times about the business need for his group's companies to rebuild their tarnished image ...
Sukanto Tanoto - Biography
... Born on Christmas Day 1949, Sukanto Tanoto was the eldest of seven boys ... In 1966, when he was just 17 years old, Tanoto's education was suddenly put into an abrupt stop, because all local Chinese schools were shut down by ... Tanoto immediately conducted his first business ...
Sukanto Tanoto - Controversies
... brought by Beckkett Pte Ltd, a company which is indirectly 29% owned by Sukanto Tanoto, against, among others, Deutsche Bank. 1997, Deutsche Bank agreed to provide a US$100 million loan to Sukanto Tanoto, through one of his companies, Asminco ... However, Sukanto Tanoto demanded the return of his shares, claiming the transaction between DSM and the bank was illegal ...