June 8, 2025
Fixed Assets

Sinarmas Land Shares Soar As Billionaire Widjaja Family Offers To Take Developer Private

Sinarmas Land is one of the biggest developers of prime office buildings in Jakarta. © 2021 Bloomberg Finance LP Shares of Sinarmas Land jumped to a seven-year high after the Widjaja family offered to take the Singapore-listed developer private in a deal valuing the company at S$1.3 billion ($985 million). Lyon Investments—controlled by the Widjaja

Read More