Deforestation of orangutan habitat feeds global palm oil demand, report shows mongabay.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mongabay.com Daily Mail and Mail on Sunday newspapers.
2021-04-12 10:30
Continued capital expenditure aims to boost production and support the recovery of Indonesian economy
Loan agreements aligned with Indonesian Government s strategy to drive investment growth in 2021
APR is a member of the RGE group of companies
JAKARTA, INDONESIA - Media OutReach - 12 April 2021 - Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated loan facility of Rp 4.5 trillion (US$300 million) with national and international affiliated banks. The funding will be used to support continued capital investment in the company s production facilities at Pangkalan Kerinci, Riau Province, Sumatra.
#140 Eduardo Saverin
Net Worth: US$14.6B
In 2004 Eduardo Saverin, who is currently based in Singapore, co-founded Facebook with Mark Zuckerberg. In 2012, the pair parted ways though Saverin continues to retain a small stake in Facebook which provides him with most of his wealth.
In 2016, Saverin launched a venture fund called B Capital with Raj Ganguly. This fund has since managed to raise SGD$766 million and they invest heavily in tech firms around the world.
Net Worth: US$13.3B
Robert and Phillip Ng, who are brothers, run Far East Organisation which is Singapore s largest private landlord and property developer. The company was founded by their father Ng Teng Fong.