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   » » Wiki: Salim Group
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The Salim Group is 's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include , the world's largest producer; , one of Indonesia's largest car manufacturers; , Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. Business Times & Asian Wall Street Journal (June 1998) The group was founded in October 1972 by and his junior partner (Lin Wenjing). The current CEO is , a son of .

The Salim Group also owns major (about 1,000 km2) and logging concessions. Salim Group has been involved in property development and the for around 30 years. Its businesses include hotel and resort development, golf courses, and commercial real estate.


History
The etymology of the group was initially formed after the acquisition of CV Waringin Kentjana by the Gang of Four during the early days of New Order era that export coffee, pepper, rubber, tallow nut, and copra. Kisah sukses Liem Sioe Liong Salim Group would later consolidate its business by forming that focused on cement industry and that focused on flour mill industry and was granted permission to monopolize both sectors by the state with profit sharing scheme. Liem Sioe Liong's Salim Group: The Business Pillar of Suharto's Indonesia The group would later diversify its business by entering various sectors such as banking, real estate, automotive, and mass media.

The Salim Group was closely tied to Indonesian politician and dictator , who ruled Indonesia for 31 years and was Sudono Salim's "friend and patron".

(2025). 9789814459594, ISEAS–Yusof Ishak Institute. .
During the May 1998 riots that led to Suharto's downfall, Sudono Salim's house was burned down and he was forced to flee to . In the aftermath of the crisis, Salim Group were forced to hand some of its assets to Indonesian Bank Restructuring Agency (BPPN) including Bank Central Asia and Indocement.

In 1999, the group called off talks to sell a stake in Indofood to San Miguel Corporation, the largest food and beverage conglomerate in the , because of control questions.


Projects in West Bengal
The Salim Group is involved in a number of projects in , an eastern state of . It is involved in the construction of Kolkata West International City. Salim and Universal Success are investors in the project, Ciputra is the developer, and Singapore-based Surbana is the project manager.

The proposal of the Salim Group for and multi-product SEZ were cleared in principle by the board of approvals of the Union Commerce Ministry, Government of India, in October 2006.


Companies
  • Elshinta Media
    • PT Radio Elshinta (Elshinta Radio)
    • PT Elshinta Jakarta Televisi (Elshinta TV)
    • PT Majalah Elektronik Elshinta (Majalah Elshinta)
    • Elshinta.com
    • ElshintaShop.com
  • PT XL Planet (elevenia)
    • PT Elevenia Digital Teknologi Sukses (EDTS)
  • PT NAP Info Lintas Nusa
  • PT Asuransi Central Asia (ACA Group)
    • PT Central Asia Raya ()
    • PT Indolife Pensiontama (Indolife)
  • PT Indoritel Makmur Internasional Tbk (Indoritel)
    • PT Indomarco Prismatama ()
    • PT Indomarco Adi Prima (Indomarco)
    • PT Lion Super Indo (Super Indo) (51% owned by )
    • PT Nippon Indosari Corpindo Tbk ()
      • All Fit & Popular Foods, Inc (Walter Bread)
      • Sarimonde Foods Corporation (Sarimonde) (co-owned with )
    • PT Fastfood Indonesia Tbk (Indonesian sole franchisee of and ) (co-owned with Gelael Group & )
    • PT Inti Cakrawala Citra (Indogrosir)
    • PT Gardenia Makmur Selaras (PrimeBread)
    • PT Indoroti Prima Cemerlang (Mr. Bread)
    • Mister Donut Indonesia (Indonesian franchisee of )
  • PT Bank Ina Perdana Tbk (Bank Ina Perdana) (29,02%)
  • PT Transaksi Artha Gemilang (Ottocash)
  • PT Inti Dunia Sukes (I.saku)
  • PT Inti Paket Prima (Indopaket)
  • PT Reksa Transaksi Sukses Makmur (Ottopay)
  • PT IndoArtha Perkasa Sukses (otto.id) (co-owned with )
  • PT Indo Seungli Makmur (iStyle.id) (co-owned with Lotte Corporation)
  • PT Indomobil Sukses Internasional Tbk ()
    • PT Suzuki Indomobil Motor ()
    • PT Nissan Motor Indonesia ()
    • PT Garuda Mataram Motor ( and )
    • PT Kreta Indo Artha ()
    • PT Hino Motors Manufacturing Indonesia ()
    • PT Indomobil Multi Jasa Tbk (IMJ)
    • PT CSM Corporatama (Indorent)
    • PT Indomobil Prima Energi
    • PT Kyokuto Indomobil Manufacturing Indonesia (Kyokuto Manufaktur)
    • PT Furukawa Indomobil Battery Manufacturing (Furukawa Battery)
    • PT Central Sole Agency (Indoparts)
    • PT Indobaterai Energi Indonesia (Indobattery)
    • PT Indomobil Finance Indonesia (Indomobil Finance)
    • PT Shinhan Indofinance
    • PT Suzuki Nusantara Jaya Sentosa
    • PT Wahana Sun Hutama Nissan Indonesia
    • PT Swadharma Multi Finance (Swadharma)
  • PT Indofood Sukses Makmur ()
    • PT Indofood CBP Sukses Makmur Tbk ()
    • PT Bogasari Flour Mills (Bogasari)
      • PT Inti Abadi Kemasindo (previously named PT Indofood Sukses Makmur Bogasari Flour Mills - Divisi Packaging)
    • PT Salim Ivomas Pratama Tbk
    • PT Nugraha Indah Citarasa Indonesia (previously named PT Nestle Indofood Citarasa Indonesia because violation of labor rights on incident)
    • PT Indofood Fortuna Makmur (previously named because violation of labor rights on palm oil incident)
    • PT Indolakto ()
    • PT Anugerah Indofood Barokah Makmur (previously named PT Indofood Asahi Sukses Beverage because violation of labor rights on palm oil incident)
    • PT Tirta Sukses Perkasa (Club)
    • PT Arla Indofood Makmur Dairy Import (co-owned with )
    • Indofood Agri Resources Ltd ()
    • Popolamama Indonesia (co-owned with Popolamama)
    • Salim Palm Plantation
    • PT Lotte Indonesia (co-owned with Lotte)
    • PT Yakult Indonesia Persada (co-owned with )
  • PT Cyberindo Aditama (CBN)
  • PT Mega Akses Persada (FiberStar)
  • PT Total Chemindo Loka (Total)
  • PT Idmarco Perkasa Indonesia (idmarco.com)
  • PT Bumi Resources Tbk.
  • PT. Pantai Indah Kapuk Dua, Tbk. (PANI), Co-Owned with
  • PT. Bangun Kosambi Sukses, Tbk (CBDK), Co-Owned with
  • PT Bumi Resources Minerals Tbk.
  • MACH Australia Holdings
    • MACH Energy Australia Pty Ltd (MACH Energy)
    • MACH Metals
      • Rex Minerals from 30 October 2024 - Owner/developer of


Former companies
  • Yayasan Anugerah Musik Indonesia (now owned by )
  • PT Indosiar Visual Mandiri () (now owned by through SCM)
  • PT Indosiar Karya Media Tbk (sold to Emtek and merged with Surya Citra Media/SCM)
  • PT Nuansa Karya Berita
    • Tabloid Jelita
    • Mamamia
    • Tabloid Gaul
    • Majalah Kort
    • Majalah Story
  • PT Nestle Indonesia (sold to )
  • BCA Group (now owned by )
    • PT Bank Central Asia Tbk
    • PT BCA Finance
    • BCA Finance Limited
    • PT Bank BCA Syariah (BCA Syahriah)
    • PT Central Santosa Finance
    • PT BCA Sekuritas
    • PT Asuransi Umum BCA (BCA Insurance)
    • PT Asuransi Jiwa BCA (BCA Life)
  • PT Indocement Tunggal Prakarsa Tbk (Indocement) (now owned by )
  • PT Pepsi-Cola Indobeverages (leave from Indonesia)
  • PT Indomiwon Citra Inti (now owned by Daesang Corporation 100%)
  • PT Holdiko Perkasa (now owned by )
  • PT Darya Varia Laboratoria Tbk (sold to )


See also


Notes
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