Transcript Kalla Family - Mergermarket

1 JULY 2014
Kalla Family
Ilya Garger
Editor in Chief
[email protected]

The Kalla family, based in Makassar, South Sulawesi, founded and controls Kalla Group,
Bukaka Group and Haka Group

Jusuf Kalla was vice president of Indonesia from 2004-2009, and is the current runningmate of presidential candidate Joko Widodo

In addition to the Kalla Group’s core business distributing Toyota automobiles, Kalla
family companies have been active in sectors reliant on government contracts, including
infrastructure development

Jusuf Kalla was dismissed from the cabinet by President Abdurrahman Wahid for alleged “KKN” (corruption, collusion and nepotism)

Capital Profile covers 27 family members and 17 companies
Darren Leung
Analyst
[email protected]
David Wu
Researcher
[email protected]
Jacob Li
Analyst
[email protected]
Jessica Kurnia
Researcher
[email protected]
Willow Yang
Reporter
[email protected]
INTRODUCTION
The Kalla family founded and controls the
Kalla Group, Bukaka Group and Haka Group,
which have interests in the auto industry,
construction, energy, logistics and agribusiness. The family and much of its business are
based in Makassar, South Sulawesi. Muhammad Jusuf Kalla, the second of ten siblings,
was vice president of Indonesia from 2004 to
2009 under President Susilo Bambang
Yudhoyono. He is the running mate of Joko
Widodo, the presidential candidate of the
Indonesian Democratic Party of Struggle (PDIP), in the 2014 election.
Origin and Background
According to his personal website and the
Kalla Group’s Media Kalla website, Muhammad Jusuf Kalla was born in 1942 in Watampone, South Sulawesi. He is the second of
twelve siblings. His parents, Kalla and
Athirah, were textile traders. The family
moved to Makassar, South Sulawesi in 1952
and established NV Hadji Kalla Trading Com-
pany, the predecessor of Kalla Group. Kalla
and Athirah died in 1982.
Jusuf Kalla met his wife Mufidah in high
school and they married 1967, the same
year that he received a degree in Economics
from Hasanuddin University in Makassar. He
joined his father in the family business after
graduating, and became president director of
Hadji Kalla in 1968. Hadji Kalla obtained the
license to distribute Toyota cars in eastern
Indonesia after Jusuf approached William
Soeryadjaya, who at the time controlled Toyota’s Indonesian distributor Astra International, according to a speech by Jusuf Kalla in
2012 at the book launch of Soeryadjaya’s
biography.
In 1978, Jusuf, his brother Achmad and
Fadel Muhammad co-founded infrastructurefocused construction company Bukaka
Teknik Utama, according to a May 2012
Kompasiana post by Kalla Group executive
Fachrul Khairuddin. The company, which was
© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
1
Kalla Family
named after the hometown of Jusuf’s
mother Athirah, formed the basis of the
Bukaka Group. Fadel left the group in
1997 to pursue his own business, and
founded GEMA Group.
In 1981, Jusuf co-founded Makassarbased newspaper Fajar with Alwi Hamu.
Fajar has since been acquired by the
Jawa Pos Group, which is controlled by
Dahlan Iskan, another politician with his
own business group. Jusuf was the regional head of the Indonesia Chamber of
Commerce and Industry (KADIN) for
South Sulawesi from 1985 to 1998. The
position further helped him expand his
business, according to Kompasiana post
by Fachrul Khairuddin. Jusuf joined Suharto’s political vehicle Golkar, and in
1988 became its representative for
South Sulawesi in the People’s Consultative Assembly, Indonesia’s national legislature. He held the position until 2001.
also controls Bukaka Group, which companies include formerly IDX-listed construction company Bukaka Teknik Utama. Kalla Group subsidiary Bumi Sarana
Utama is state-owned oil company Pertamina's agent for asphalt distribution
for Kalimantan, Sulawesi and eastern
Indonesia. Another subsidiary, Bumi Sarana Beton, manufactures ready mix
concrete which is marketed under the
Kalla Mix brand.
Globe reported on 24 March 2014 that
Kalla Group was investing an additional
USD 30m in cocoa processing facilities.
Kalla Group also owns a palm oil plantation in Kendari, Southeast Sulawesi,
which is managed by subsidiary Duta
Sulawesi Agro.
In the transportation industry, Kalla
Group operates Nusantara Air Charter
and shipping company Jelajah Laut
Nusantara (previously known as Kalla
The core of Kalla Group's business has
Lines). Kalla Group is also attempting to
long been the distribution of Toyota auto- develop a monorail line in Makassar,
mobiles. Jusuf Kalla obtained a license
according to press reports. Kalla Group
from Astra International - Toyota's Indowas a contender for the long-delayed
nesian partner - to be the distributor for Jakarta Monorail project, but lost out in
eastern Indonesia. Kalla Group subsidi- 2013 to Edward Soeryadjaya’s Ortus
ary Kars Inti Amanah is the KIA and
Holdings.
Chrysler agent for eastern Indonesia.
Another subsidiary, Makassar Raya Mo- Kontan reported on 25 March 2013,
tor, is a Daihatsu and Nissan importer
citing Kalla Group president director Fatiand dealer for the provinces of South
mah Kalla, that Kalla Group is investing
Sulawesi, Central Sulawesi and SouthIDR 11trn to develop several hydropower
Jusuf Kalla was appointed as the Coordi- east Sulawesi.
plants in Sulawesi with funding obtained
nating Minister of People’s Welfare in
from domestic banks and financial insti1999. He resigned from all his corporate Kalla Group, through its holding compa- tutions. One of the Kalla Group's planned
positions and gave up all his sharehold- ny Haka Sarana Investama, entered the power plants, located in Poso, Central
ings when he became a cabinet minister, property business in 2007, when it built Sulawesi, is being jointly developed by
as required by law. His sister Fatimah
Wisma Kalla in Makassar. It has also
Hadji Kalla and Bukaka Hydropower Ensucceeded him as head of Kalla Group,
developed several shopping centers
gineering and Consulting. The project is
where she is president director as of
through its subsidiaries. Kalla Group
part of a government program to gener2014.
formed JV Trans Kalla Makassar with
ate an extra 10,000 megawatts of elecChairul Tanjung-controlled CT Corp
tricity for the region, mostly from hydroBusiness
(previously known as Para Group), which power, the Jakarta Post reported on 19
developed a shopping mall and indoor
July 2008. The Poso power plant project
The predecessor of Kalla Group, NV
theme park in Makassar, according to a began in 2005, when Jusuf Kalla was
Hadji Kalla, began as a textile trading
September 2009 Jakarta Post report.
vice president.
company and has diversified into automotives, transportation, property, fiKalla Kakao Industri, Kalla Group’s
Kalla has publicly denied that his family's
nance, energy and agribusiness. Its diSoutheast Sulawesi-based cocoa planta- business has benefited from his political
versification started after Jusuf Kalla
tion and processing arm, supplies cocoa connections. During the 2014 presidentook over the family business in 1968.
products to overseas chocolate makers tial campaign, he announced that he
Aside from the Kalla Group, the family
including Godiva and Nestle. The Jakarta would pay IDR 1bn to anyone who could
© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
2
Kalla Family
prove that he has practiced nepotism
during his time in office, Kompas reported on 1 June 2014.
Kalla’s younger brother Halim Kalla is
the chairman of Haka Group (previously
called Intim Group), which has interests
in infrastructure, information technology,
telecommunication, energy, medical
equipment and the auto industry. He is
also the former commissioner of Lion Air,
whose founders and controlling shareholders are Rusdi and Kusnan Kirana.
Bumi Rama Nusantara, an infrastructure
and construction company that is part of
Haka Group, has been accused by the
West Kalimantan Police of hiring illegal
Chinese temporary workers for a geothermal power plant project in Pontianak, West Kalimantan, BBC Indonesia
reported on 20 March 2013. The report
cited a West Kalimantan Police spokesperson as saying that two company employees would be charged in relation to
the Chinese workers’ fake work permits.
BBC’s article did not include a response
from the company.
business, according to an interview with
Solihin in Swa magazine on 14 September 2009. He holds senior positions in
several family companies, including
Bukaka Teknik Utama, according to company websites.
Lisa’s husband Susanto Suparjo (Tono)
controls Nuansa Group, whose companies include troubled Samarinda airport
developer Nuansa Cipta Realtindo. Susanto also owns a 49% stake in Nuansacipta Coal Investment, while MNC
Investama (controlled by Hary
Tanoesoedibjo) holds the rest of the
shares.
Jusuf’s brother Suhaeli is president commissioner of Bukaka Teknik Utama,
while Solihin is commissioner as of
2014. Suhaeli’s son Afifuddin is deputy
CFO of Bukaka Teknik Utama.
Jusuf’s sister Ramlah is married to Aksa
Mahmud, the founder of Bosowa Group.
They have 5 children: Edwin, Sadikin,
Melinda, Atira and Subhan Aksa
Mahmud. Jusuf and Aksa have been acquainted since attending Makassar’s
Hasanuddin University, according to
press reports.
Political Career
Jusuf’s daughter Ira and husband Langlang Wilangkoro hold senior positions in
the family transportation companies,
according to a 9 September 2004 report
in Kompas. Langlang is president director of Kalla Lines, according to the Kalla
Group website. He is also president director of Kemang Medical Care, where
Ira is president commissioner, according
to a Kemang Medical Care press release
on 7 March 2010. Ira and Langlang are
the founders of fire security system company Gemilang Cipta Wawasan, according to its website.
Jusuf Kalla was a student activist while
in university, according to a report by
Media Kalla on 24 April 2012. He was
the chairman of the Indonesian Student
Action Forum (KAMI), an anti-communist
student organization which supported
Suharto’s coup against the government
of President Sukarno, between 1966
and 1967. He joined Golkar, the military
political organization which later became
Suharto’s political vehicle, in 1965. In
Family Members
1988 he became Golkar’s regional representative for South Sulawesi in the
According to a 8 November 2011 Media
People’s Consultative Assembly, accordKalla report, Kalla and Athirah had 10
ing to the website of Indonesia’s national
children: Nuraini, Jusuf, Zohrah, Saman, Jusuf’s daughter Imelda is the finance
library. He was also the South Sulawesi
Achmad, Suhaeli, Ramlah, Halim, Farida director of Kalla Group as of 2014, acchapter chairman of the Indonesia
and Fatimah. Jusuf and his brothers and cording to a 3 May 2014 Tempo report. Chamber of Commerce and Industry
sisters inherited shares in the Kalla
Husband Zumadi Anwar worked at Buka- (KADIN) between 1985 to 1998.
Group from their father, according to the ka Singtel and is now president director
Jakarta Post.
of Kalla Group subsidiary Bumi Karsa.
Jusuf was Indonesia's Trade Minister
Jusuf’s daughter Chairani is the market- between 1999 to 2000 and Coordinating
Jusuf Kalla and Mufidah Jusuf Kalla
ing director of Kemang Medical Care. In Minister for People's Welfare from 2001
have five children: Muchlisa (Lisa),
August 2013, Chairani married Marah
to 2004. He was vice president during
Musjwirah (Ira), Imelda (Eda), Solichin
Laut C. Noor. Marah Laut is the youngest the President Susilo Bambang
(Ihin) and Chairani (Ade). All five are mar- son of film directors and producers Arifin Yudhoyono's first term from 2004 to
ried and have children. Solihin, Jusuf’s
and Jajang Noer.
2009, and also served as chairman of
only son, is the likely heir to Jusuf Kalla’s
Golkar during this period. He ran unsuc© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
3
Kalla Family
cessfully for president in 2009, in which
his vice-presidential candidate was retired army general Wiranto of the People’s Conscience Party (Hanura). Kalla
was also named as the chairman of the
Indonesian Red Cross Society in 2009,
replacing Mar’ie Muhammad. In 2014,
he was chosen as the running mate of
Joko Widodo from the Indonesian Democratic Party of Struggle (PDI-P), despite
Golkar joining the coalition of rival candidate Prabowo Subianto's Great Indonesia Movement Party (Gerindra).
Teknik Utama had USD 89m in foreign
loans which had remained unpaid since
1997. Bukaka’s president director Irsal
Kamaruddin was cited by Kontan as saying that the company had finished restructuring the debt. The company has
submitted an application to re-list, but
the process has been delayed due to a
request by IDX that the company increase its public ownership, the Jakarta
Post reported on 19 Jan 2012.
um-derived products such as petrochemicals.
Bank Century Graft Case Witness
Jusuf Kalla was called by Indonesia's
Corruption Eradication Commission
(KPK) as a witness in the Bank Century
graft case, Tempo reported on 21 November 2013. He was vice president of
Indonesia when the Bank Century graft
case first came to light in November
The company has over 50% of its shares 2008. The case named Budi Mulya, forheld by Akses Karya Indonesia Bhd,
mer deputy governor of Indonesia's cenBukaka-SingTel Fixed-Line JV
which was listed under public ownership tral bank, as the prime suspect. Kalla
in Bukaka Teknik Utama’s 2012 annual testified to the anti-corruption court that
Bukaka Group, through Bukaka Telereport. This shareholding is deemed
President Susilo Bambang Yudhoyono
komindo International, established joint problematic as IDX claimed that the pub- failed to take appropriate action on the
venture Bukaka Singtel International
lic shareholding becomes irrelevant as
ballooning Bank Century bailout, the Jawith Singapore Telecommunications
most of the public shareholding is held
karta Globe reported on 8 May 2014.
(SingTel) in 1995. SingTel invested SGD by a single entity. The Jakarta Post report Kalla also said that the bailout had no
47m in the JV and held a 40% stake,
cited Bukaka Teknik Utama president
legal standing based on banking regulaaccording to a SingTel press release in
director Irsal Kamaruddin as saying that tions.
October 2006. The JV provides fixed-line while Akses Karya Indonesia is willing to
telecom services in Indonesia, and has
give up its shareholding in Bukaka
Monorail Projects
partnered with IDX-listed, state-owned
Teknik Utama, it will only do so after
Telekomunikasi Indonesia (Telkom).
Bukaka Teknik Utama is relisted.
The Kalla Group was named one of sevSingTel announced the divestment of its
eral potential investors in the longentire 40% stake in Bukaka Singtel Inter- IPO Plans
delayed Jakarta Monorail publicnational to Bukaka Telekomindo Internatransport project, the Jakarta Post retional for a cash consideration of IDR
Bumi Sarana Utama (BSU), an asphalt
ported on 20 February 2013. Kalla
532bn in October 2006. SingTel record- trading subsidiary of Kalla Group, was in Group corporate secretary Andi Asmir
ed a USD 7m loss on the stake sale, ac- talks with four potential local advisory
was cited in the report as saying that
cording to press reports.
firms regarding an initial public offering, Kalla Group was vying for the project and
Ahmad Zaky Kalla was cited as saying in was in the process of conducting due
Bukaka Teknik Utama Delisting
a Mergermarket story on 23 August
diligence when Jakarta Monorail an2013. The asphalt trading company
nounced that it had chosen Edward
Bukaka Teknik Utama, the engineering
plans to sell a 20%-30% stake via the
Soeryadjaya’s Ortus Holdings, which ofand construction arm of Bukaka Group, IPO in 2014. BSU booked IDR 1tn (USD
fered to inject USD 300m into the conwas delisted from the IDX in 2006 due to 92m) of net sales in 2012, Kalla was
sortium in exchange for a majority stake.
its inability to issue its financial statecited as saying. BSU plans to use the
The Kalla Group criticised Jakarta Monoment with an unqualified auditor’s opin- proceeds to support its working capital, rail's decision to grant the project to
ion, Kontan reported on 13 December
as the company -- which currently only
Soeryadjaya for its alleged lack of trans2011. According to the report, the audi- trades asphalt -- aims to diversify by sell- parency, according to the Jakarta Post.
tor qualified its opinion because Bukaka ing ready-mix concrete or other petrole© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
4
Kalla Family
Kalla Group has also pursued a contract
to build a 27.8 km monorail line in Makassar, South Sulawesi, according to a
21 March 2013 Kompas report citing
Kalla Group president director Fatimah
Kalla. The proposed monorail project
was originally scheduled to begin in
2014 with a total investment of about
IDR 3tn, according to the report. The
Makassar monorail would connect the
city to smaller surrounding regencies,
according to a 20 February 2013 Tempo
report. However, the project was delayed
after the city's government deemed the
project too expensive, Bisnis Indonesia
reported on 23 December 2013. The
report cited Makassar deputy governor
Ilham Arief Sirajuddin as saying that the
city government has asked the Kalla
Group to re-evaluate the project's feasibility.
Allegations of Anti-Chinese Views
Criticism of Jusuf Kalla's attitudes toward ethnic-Chinese Indonesians was
widespread during the 2004 presidential
campaign, when he was the vicepresidential running-mate of Susilo Bambang Yudhoyono. Quoting material on
Kalla's website that was later removed,
Ivan Wibowo wrote in the Jakarta Post
that Kalla claimed that "favoritism for
pribumi [indigenous] businessmen
should be reaffirmed and maintained."
Wibowo wrote that Kalla expressed support for past policies favoring indigenous
businesspeople while limiting opportunities for ethnic Chinese, who have long
held disproportionate economic influence. Kalla's website called for policies
"to limit the expansion and existence of
non indigenous Indonesians," and stated
that "75% of the distribution of staple
commodities should be in the hands of
indigenous people," according to the
article. Wibowo added that Kalla has
denied being anti-Chinese despite his
public statements. None of the proindigenous business policies advocated
by Kalla were enacted during Kalla's
term as vice president from 20042009.
na contributed to Wahid's falling out with
coalition partners Golkar and Megawati
Sukarnoputri's PDI-P, which culminated
in his impeachment in July 2001.
Kalla was also accused of corruption
during the 2004 presidential campaign,
including allegations that he and presidential candidate Susilo Bambang
Yudhoyono received illegal campaign
funds, according to press reports. HowAl Jazeera reported on 15 October 2004 ever, none of the allegations were provthat when confronted with the accusaen.
tion that his proposed policies were discriminators, Kalla responded, "Would
"Gangster" Comments in "The Act of Killyou [Indonesian Chinese] choose to be
ing"
discriminated against or you prefer to be
burned out and hunted down?" He was
A clip of Jusuf Kalla delivering a speech
referring in part to riots in 1998, in
apparently endorsing vigilante violence
which many Chinese were killed and
was featured in "The Act of Killing", an
Chinese homes and businesses burned. Academy Award-nominated documentary
Indonesia has a history of anti-Chinese
about perpetrators of massacres in
discrimination and periodic anti-Chinese 1965-1966 against alleged communists.
violence.
The film, directed by Joshua Oppenheimer and released in 2012, addresses
Dismissal by President Wahid and Corthe impunity and political success enruption Allegations
joyed by gangsters and others involved
in mass murder orchestrated by the InIn April 2000, President Abdurrahman
donesian army after the overthrow of the
Wahid dismissed Jusuf Kalla, who was
Sukarno government by Suharto. Kalla is
then Industry and Trade Minister, and
shown addressing an as assembly of the
State Enterprises Minister Laksamana
nationalist Pancasila Youth organisation
Sukardi. According to a biography of Wa- - which was involved in the 1965-66
hid by Greg Barton, Wahid told members killings and has continued to play an
of parliament that he was firing Kalla
occasional paramilitary role - and praisbecause of "KKN" (an Indonesian acroing the role of "gangsters" ("preman") in
nym for corruption, collusion and nepo- Indonesian society. He is shown declartism). Although Kalla was removed from ing “We need gangsters to get things
the cabinet on these grounds, no charg- done… We need gangsters, who are willes were brought against him and Wahid ing to take risks in business. Use your
did not elaborate on the accusations,
muscles! Muscles aren’t for beating up
according to the biography and press
people. Although beating people up is
reports. The firing of Kalla and Laksama- sometimes needed."
© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
5
Kalla Family
INDIVIDUALS
NAME
NOTES
Fatimah Kalla
Sister of Jusuf Kalla; youngest of 10 siblings; took over management of Kalla Group after
Jusuf resigned to join Indonesia's cabinet
Kalla
Father of Jusuf Kalla; founder of NV Hadji Kalla, the predecessor of Kalla Group
Muhammad Jusuf Kalla
Former vice president of Indonesia and cabinet minister; former head of Kalla Group and cofounder of Bukaka Group
Achmad Kalla
Younger brother of Jusuf Kalla; fifth of 10 siblings; co-founder of Bukaka Group
Aksa Mahmud
Founder of Bosowa Corp; husband of Jusuf Kalla’s sister Ramlah
Halim Kalla
Younger brother of Jusuf Kalla; eighth of 10 siblings; chairman of Haka Group; former member of the People’s Representative Council from Golkar Party; former commissioner of Lion
Air
Imelda Jusuf Kalla
“Eda” is the daughter of Jusuf Kalla; finance director of Kalla Group
Solihin Jusuf Kalla
“Ihin” is the only son and heir apparent of Jusuf Kalla; holds senior positions in family companies
Suhaeli Kalla
Younger brother of Jusuf Kalla; sixth of 10 siblings; president commissioner of Bukaka
Teknik Utama
Athirah Kalla
Mother of Jusuf Kalla
Nuraini Kalla
Older sister of Jusuf Kalla; eldest of 10 siblings
Zohrah Kalla
Younger sister of Jusuf Kalla; third of 10 siblings
Saman Kallla
Younger brother of Jusuf Kalla; fourth of 10 siblings
Ramlah Kalla
Younger sister of Jusuf Kalla; seventh of 10 siblings
Farida Kalla
Younger sister of Jusuf Kalla; ninth of 10 siblings; director of oil & gas at Bumi Sarana Utama
Mufidah Jusuf Kalla
Wife of Jusuf Kalla
Muchlisa Jusuf Kalla
“Lisa” is the daughter and eldest child of Jusuf Kalla
Susanto Suparjo
“Tono” is the husband of Muchlisa Kalla; commissioner of Nuansacipta Coal Investment
Musjwirah Jusuf Kalla
“Ira” is the daughter of Jusuf Kalla; holds senior positions in family companies
Langlang Wilangkoro
Husband of Musjwirah Kalla; holds senior positions in family companies
Chairani Jusuf Kalla
“Ade” is the daughter and youngest child of Jusuf Kalla; marketing director of Kemang Medical Care
Marah Laut C. Noor
Husband of Chairani Kalla; youngest son of film producers Arifin and Jajang C. Noor
Zumadi Anwar
Husband of Imelda Kalla; president director of Bumi Karsa
Affifuddin Suhaeli
Son of Suhaeli Kalla; deputy CFO of Bukaka Teknik Utama
Ahmad Zaky Kalla
Son of Zohrah Kalla; president director of Kalla Group subsidiary Kalla Kakao Industri
Laila Achmad Kalla
Daughter of Achmad Kalla
Teguh Wicaksana Sari
Husband of Laila Achmad Kalla; manager at Bukaka Teknik Utama
© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
6
Kalla Family
AFFILIATIONS
AFFILIATION
NOTES
Aksa Mahmud Family
Jusuf Kalla’s younger sister is married to Aksa Mahmud, the founder of Bosowa Corp and a long-time acquaintance and rival of Jusuf
Chairul Tanjung
Kalla Group and Chairul Tanjung-controlled CT Corp (previously called Para Group) in 2009 established JV
Trans Kalla Makassar, which operates a shopping mall and indoor theme park in Makassar, South Sulawesi. Kalla Group holds 45% stake in the venture while CT Corp holds 55%.
CT Corp
Kalla Group and Chairul Tanjung-controlled CT Corp (previously called Para Group) in 2009 established JV
Trans Kalla Makassar, which operates a shopping mall and indoor theme park in Makassar, South Sulawesi. Kalla Group holds 45% stake in the venture while CT Corp holds 55%.
Fadel Muhammad
Fadel Muhammad is former Minister of Maritime Affairs and Fisheries of Indonesia. Jusuf Kalla, Achmad
Kalla and Fadel Muhammad co-founded Bukaka Teknik Utama in 1978. In 1997, Fadel resigned from
Bukaka Group and and founded GEMA Group.
Golkar Party
Jusuf Kalla and his siblings have been members of Golkar, a political party that served as Suharto's political
vehicle
Indonesian Orchid Society
An organization promoting Indonesian orchids and their conservation; Mufidah Kalla is chairman, while sonin-law Langlang Wilangkoro is treasurer
Joko Widodo
Jusuf Kalla is the vice-presidential running mate of 2014 presidential candidate Joko Widodo, who is a
member of Megawati Sukarnoputri's Indonesian Democratic Party of Struggle (PDI-P)
Kalla Foundation
The Kalla Foundation was founded by Jusuf Kalla in 1984 as the Athirah Education Foundation (Yayasan
Pendidikan Athirah) in 1984. It is named after his mother. The foundation runs Athirah Islamic School in
South Sulawesi, and functions as the CSR arm of Kalla Group.
Susilo Bambang Yudhoyono
Jusuf Kalla served as vice president from 2004-2009 during the first term of President Susilo Bambang
Yudhoyono
Wiranto
Wiranto, the former head of Indonesia's armed forces and founder of the People's Conscience Party
(Hanura), was the vice-presidential running-mate of Jusuf Kalla in the 2009 election. They lost to Susilo
Bambang Yudhoyono, who was re-elected to a second term
Kirana Family
Halim Kalla is ex-commissioner of Lion Air, which is founded and controlled by Rusdi and Kusnan Kirana
© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
7
Kalla Family
NEWS (10 OF 27)
DATE
HEADLINES
23 Aug 2013
Bumi Sarana Utama still in talks with IPO advisors, exec says
19 Aug 2013
Kerinci Merangin Hydro would welcome strategic partners for IPP project in Jambi, exec says
16 Aug 2013
Bukaka Teknik Utama seeks financial advisors to relist, exec says
15 Aug 2013
Kalla Group seeks financial advisor for group restructuring, exec says
12 Jun 2013
Bukaka Teknik Utama secures USD 27.8m electricity transmission contract
16 Mar 2013
Kalla Group to launch IPOs for two subsidiaries
27 Feb 2013
Kalla Group cancels plan to acquire Jakarta Monorail
28 Nov 2011
Bukaka Teknik Utama seeks investors for mini hydropower projects
04 Sep 2010
Telekomunikasi Indonesia to settle debts with Mitra Global Telekomunikasi and Bukaka SingTel in January 2011
01 Dec 2009
Bukaka Teknik Utama delisted by IDX
© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
8
© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
9
© 2014 Mergermarket Limited. All rights reserved.
For sales enquires contact David Cavanagh (+852 2158 9779; [email protected])
10