Indonesia's 100 largest bad debtors
JAKARTA (JP): The Indonesian Bank Restructuring Agency has issued a list of 1.689 bad debtors through its homepage, www.bppn.go.id.
Those debtors were transfered earlier this year by the country's state banks, recapitalized private banks and closed banks to the agency.
The following are the largest 100 bad debtors according to the size of their bank obligations.
The list include companies owned by the family of former president Soeharto and its cronies as well as other large business groups.
Car maker PT Timor Putra Nasional, the controversial car project of Soeharto's youngest son Hutomo "Tommy" Mandala Putra, was the second worst debtor after PT Gerak Maju, a unit of the Mantrust Group.
The other Soeharto-linked indebted companies include petrochemical center PT Chandra Asri, satellite operator PT Pacific Satelit Nusantara, textile company PT APAC Inti Corpora and port operator PT Humpuss Terminal Petikemas.
No. Debtors Debt
(in billion rupiah)
----------------------------------------------
1 GERAK MAJU PT 4,207.00
2 TIMOR PUTRA NASIONAL PT 3,485.47
3 INTER PRETINDO INTI CITRA PT 3,139.71
4 MARGABUMI MATRARAYA PT 2,983.11
5 CHANDRA ASRI PT 2,922.23
6 POLYPRIMA KARYAREKSA PT 2,650.59
7 BANTEN JAVA PERSADA PT 2,418.13
8 Multi Strada Arah Sarana PT 2,404.80
9 KIANI KERTAS PT 2,296.29
10 BATANGHARI PERDANA PT 1,790.57
11 KERTAS BASUKI RACHMAT PT 1,635.23
12 PUTRA SURYA MULTIDANA TBK PT 1,522.45
13 NUSANTARA PLYWOOD PT 1,413.69
14 PUTRA SURYA PERKASA TBK PT 1,368.79
15 TUWUH AGUNG PT 1,346.24
16 BENTALA LESTARI PT 1,325.85
17 BALI RAYA PT 1,177.96
18 PERMADANI K NUSANTARA PT 1,162.97
19 CISADANE RAYA CHEMICALS PT 1,123.46
20 TIRTAMAS MAJUTAMA PT 1,098.20
21 NUSANTARA AMPERA BAKTI PT 1,016.17
22 BAHANA BINA VENTURA PT 1,003.99
23 IPTN 961.59
24 HUMPUSS PT 929.63
25 Humpuss Inc 921.57
26 BAKRIE INVESTINDO PT 900.02
27 HUTAMA KARYA PT 889.63
28 BAHANA INVESTA ARGHA PT 871.64
29 PASIFIK SATELIT NUSANTARA PT 851.27
30 ARTIKA OPTIMA INTI PT 846.79
31 APAC INTI CORPORA PT 839.99
32 INDOBUILDCO PT 835.99
33 DUTA ANGGADA REALTY PT 802.81
34 BUKIT WELIRANG INDAH PT 768.89
35 SWADHARMA PRIMAUTAMA PT 748.45
36 MITRA LARAS SERASI PT 720.11
37 DOK & PERKAPALAN KODJA BAHARI PT 678.64
38 Graha Sarana Pratama PT 649.63
39 PANCASINDHU ABADI PT 644.00
40 STACO GRAHA PT 636.87
41 BUDIONO WIDODO 634.59
42 Mulia Intan Lestari PT 631.10
43 BUKIT JONGGOL ASRI PT 627.58
44 SEAMLESS PIPE INDONESIA JAYA PT 621.06
45 SATELINDO PT 554.38
46 BUNAS FINANCE INDOINESIA TBK PT 553.11
47 PENGEMBANGAN PARIWISATA LOMBOK PT 993.96
48 PANGGUNG ELECTRIC CORP 543.27
49 ESTIKA YASAKELOLA PT 517.71
50 INDOPAC FINANCE 513.25
51 WAHANA PERKASA AUTO JAYA PT 504.84
52 DATAKOM ASIA PT 501.90
53 RAMASARI SURYA PERSADA PT 498.25
54 RIAU PRIMA ENERGI PT 484.87
55 PASIFIC INTERNATIONAL FINANCE PT 474.58
56 BANIGATI BETEGAK PT 468.13
57 SENTRA SINTETIKA JAYA 460.67
58 DANAMON FINANCE PT 457.21
59 BAKRIE NIRWANA RESORT PT 440.18
60 HUMPUSS TERMINAL PETIKEMAS PT 439.83
61 ISTAKA KARYA PT 430.75
62 MARGA NURINDO BHAKTI PT 421.90
63 MULTI ANGSANA GANDA PT 421.57
64 ANEKA AGROPRASIDHA PT 420.81
65 PRABU BUDI MULIA PT 415.18
66 BAKRIE & BROTHERS PT 408.21
67 BAHANA PEMBINAAN USAHA 407.94
68 MOELADI PT 405.31
69 BADJRADAYA SENTRANUSA PT 400.16
70 DHARMA NIAGA (PERSERO) PT 395.67
71 RIAU ANDALAN KERTAS PT 392.35
72 CATERISONSUKSES PT 390.05
73 TELEKOMINDO PRIMABHAKTI PT 390.00
74 JABABEKA INTERNATIONAL BV 379.85
75 ANEKA BUMI PRASIDHA PT 378.66
76 SEGITIGA PLAZA HOTEL PT 377.59
77 METROPOLITANT LAND PT 376.29
78 SEGITIGA ATRIUM PT 363.73
79 OMETRACO MULTI ARTHA PT 361.12
80 KALIMANIS PLYWOOD INDONESIA PT 359.79
81 WIDYA DUTA INFORMINDO PT 354.81
82 ASIA CELLULAR SATELLITE PT 354.64
83 BHIRAWA STEEL PT 344.76
84 TIRTAMAS COMEXINDO PT 344.34
85 SAMURINDO SWADAYA SEJAHTERA PT 341.53
86 ALFA GOLDLAND REALTY PT 338.36
87 SEWU AGRO INVESTAMA PT 329.61
88 BUANAGRAHA ARTHA PRIMA PT 321.98
89 MAS MURNI IND PT 321.06
90 ANDATU LESTARI PLYWOOD PT 314.16
91 DEEMTE SAKTIINTERNATIONAL 313.18
92 INTI TEXTURINDO RAYA PT 310.68
93 KERTAS LECES PT 309.11
94 JINDO KORDECO HEAVY INDUSTRY PT 304.90
95 SUMBERMITRA SARANA REALTINDO PT 304.13
96 ABS INDUSTRY INDONESIA PT 302.63
97 INTERNUSA KERAMIK PT 300.46
98 SIPATEX PUTRI LESTARI PT 298.65
99 MULTIKARSA INVESTAMA PT 295.44
100 BEKASI FAJAR INDUSTRIAL ESTATE PT 292.43
Source: IBRA