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His Next Trick: King of the Road

Monday, November 13, 2000

A multi-million dollar project to expand Indonesia’s land transport fleet has caught the eye of big business. Apart from controversial magnate Marimutu Sinivasan, who are the other prospective winners?

arsip tempo : 173490936291.

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The Goddess of Fortune seems to never let her hands off Marimutu Sinivasan. The controversial newsmaker and owner of the Texmaco Group has just snatched a deal worth some Rp500 billion for 1,500 buses and 500 trucks from PT Wahana Perkasa Auto Jaya, a Texmaco subsidiary. An MoU between the company and the Jakarta Organization of Land Transportation Owners (Organda) was signed on Tuesday last week. The new vehicles are meant to supplement and mode

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