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When the King of Vouchers Goes Bankrupt

Monday, 19 July 2021

Hengky Setiawan is nicknamed “The King of Vouchers” due to his success in selling mobile phone credit top-up vouchers. He is known for his tenacity and skill in establishing business relations.

Tiphone Mobile (TELE) Indonesia President Commissioner Hengky Setiawan (left) during the listing of TELE’s shares on the Indonesia Stock Exchange, Jakarta, January 2012. Tempo Doc./Dasril Roszandi . tempo : 168598868745_

MAS’UD Khamid remembers Hengky Setiawan as a smart and tenacious figure. Mas’ud, a former Sales Director of Telkomsel, gave several awards to Hengky’s company under the umbrella of Tiphone Mobile Indonesia. During the Dealer Award event in Paris, February 25, 2017, Telkomsel declared Telesindo Shop as the winner of the 2016 Best of the Best Award.

It was the 12th consecutive cream of the crop award rece


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