“Through hard work & an unwavering spirit of an entrepreneur, Riady grew the company into one of Asia’s leading diversified conglomerates and also transformed Indonesia’s banking landscape”

A renowned philanthropist and business tycoon who is widely regarded as a pioneer in Asia’s banking and real estate sectors, Mochtar Riady has built a cradle- to-grave business empire that permeates every corner of life in Indonesia. Riady is certainly a giant among self-made men – counting over 100 companies and more than a few billion dollars in value – yet his countenance is down to earth

A LIFE TIME OF SUCCESS

Through hard work, determination and an unwavering spirit of an entrepreneur, Mochtar Riady grew  his  company into one of Asia’s leading diversified conglomerates. Riady also transformed Indonesia’s banking landscape and became widely acknowledged as a master in turning around the fortunes of financial institutions, making his mark in creating the country’s top banks – Bank Buana, Bank Panin, Bank Central Asia and then Lippo Bank.

As one of Asia’s largest and most diversified conglomerates, Lippo Group’s investments in real estate, retail, hospitality and leisure, healthcare, education, media and news, telecommunications, digital technologies and financial services have been driven by his responsibility to the community. Lippo Group is now the largest listed property company in Indonesia by total assets and revenue, with a unique and integrated business model.

Riady operates Indonesia’s premier private hospital group, the only one achieving world class standards, and is an undisputed retail property industry leader, and his vision is to impact lives, particularly through environment friendly, high quality and sustainable business activities. The Group builds the foundation through the implementation of  Corporate  Governance  (CG)   in  all aspects of the business as well as at every level of the organization. By implementing the Corporate Governance Principles expectedly, it enables more transparency and the most recent development information regarding the performance  and  the  prospects  of the Group. Riady always prioritizes environmental sustainability on property development.

TOWERING ACHIEVEMENTS

Riady likes to integrate eco-friendly concepts, and align green space with the best amenities. His CSR activities focus on three main pillars, namely education, public health, and environmental awareness, with special focus on critical situations that arise in the country, such as natural disasters that impact many lives. These pillars are interrelated with the objective to improve the quality of life and prosperity of the nation in general.

Understanding that people are increasingly looking for potential areas for property investment, the Lippo Group’s commitment continues to develop five pillars of development, namely Innovative Infrastructure & Transportation, High Tech CBD & Research Hub, Business & Commercial Hub, Green Sustainable Living and Center of Art, Culture & Education.

Riady recalls that he started from what he calls sandang, pangan, papan, jalan, which respectively means clothing, food, housing, roads, but today his business empire permeates every corner of life in Indonesia.

With a mix of listed and private entities both at home and abroad, Mr Riady’s empire is difficult to value, but the value he has created in the lives of Indonesians is unparalleled.

He is committed towards actively participating in sustainable economic development to improve the quality of life and environment for the collective benefit of the company, local community, and society at large. Riady’s main focus now is the next big shift: moving more business online, as is evident from the launch of MatahariMall.com ecommerce platform.

“His ability to spot opportunities promptly even in an adverse economic scenario has brought him to the fore in the comity of business tycoons & helped him set up Vallible One PLC”

Over the last couple of decades, Mr. Kulappu Arachchige Don Dhammika Perera, one of the richest businessmen in Sri Lanka, has proved himself a great inspiration for the Sri Lankan corporates. With a high risk appetite passably complemented by dexterity, business acumen and strategic excellence, he has been converting unprofitable enterprises into profit-making ventures

EDUCATION & EARLY BUSINESS VENTURES

Born as the grandson of the then richest man in Payagala, owner of a large number of paddy fields, Mr. Perera rose to build an economic empire in his country, hoping to transform an economy of mediocre size into a gigantic one in a span of a few decades.

Beginning his career from a miniature platform as provider of slot machines on rent, he was quick to move on to manufacture slot machines after having undergone technical training in the manufacturing technology in Taiwan.

Earlier, Mr. Perera had joined Texla Central College, Horana for studies from where he moved on to the University of Moratuwa to continue his studies but it was not to be, as he dropped out of the institute of technology where he was pursuing his Diploma in Technology to pursue his business dreams.

THE 20-YEAR PLAN

Beginning   with   investing   in  share market, Mr. Perera came up with an enterprising 20-year plan in 1999. Through his arduous efforts, knowledge and unparalleled confidence, he swiftly rose to the rank of the greatest investor in Sri Lanka’s banking sector, share market and other financial institutions. Being a man of clear vision and quick judgement, Mr. Perera has made some unwavering business decisions.

His ability to spot opportunities promptly even in an adverse economic scenario has brought him to the fore  in the comity of business tycoons and helped him set up Vallible One PLC enterprise. By dint of his unusual skill in entrepreneurship and foresight as the founding Chairman and Managing Director of the company, he has diversified portfolio of the company’s business and has magnified them to include varied sectors such as consumer, finance, leisure and ceramics.

His depth in understanding and judgement of financial and administrative riddles has earned him the coveted chairmanship and membership of the board of directors of many banks, financial companies and other manufacturing and trading corporations. His generosity lies in sharing his knowledge and expertise with other professionals with regard to solving some of the perplexed business problems. His thirst for more and more knowledge and experience evidently appears to be unquenchable, which has helped him attain stunning success in the field.

SERVING THE NATION

Apart from developing his own business empire, Mr. Perera has  taken  pride in serving the nation through some important positions he has held  in  the government. He has  served  as  the Chairman of Sri Lanka’s Board of Investments for 3 years, as Sri Lanka’s Secretary of transport and also as a Member of the Strategic Enterprise Management  Agency.  Mr.   Perera has been Deputy Director General of Securities and Exchange Commission of Sri Lanka since September 2012.

A man of rare commitment, brilliance and kind heart, Mr. Perera’s greatness lies in the very fact that he is not a mere trader but a great innovator and investor. He is a wealth creator who believes in buying more and more ailing and loss- making companies and transforms them into profit-making ones within a short span.

“Boenjamin Setiawan started his pharmaceutical business in his garage back in 1966 and has turned it into a major force in the regional pharmaceutical industry”

Holding a doctorate in pharmacology, Boenjamin Setiawan founded Kalbe Farma in a garage in 1966, and made it the largest pharmaceutical company in Indonesia. Boenjamin Setiawan is nicknamed as Dr. Boen, and he also controls Mitra Keluarga, which operates 12 hospitals

From GaraGe to Globe

Boenjamin started his pharmaceutical business in his garage back in 1966 and has turned it not only into a major force in the regional pharmaceutical industry but has also branched out into consumer goods, where it competes head-on-head with industry giants, and in hospitals, under the Mitra Keluarga brand.

Boenjamin’s main interest is stem-cell research and he has set up the Indonesia International Institute of Life Science (i3L) in collaboration with Swedish institutions and offering programs in healthcare, marine science and forestry. The institute’s mission is to be a leading and globally connected interdisciplinary institution that impacts society through science and innovation.

CreatinG a Giant

There are almost no Indonesians that don’t use products from PT Kalbe Farma, the Indonesian pharmacy giant that produces a lot of popular medicines and nutrition products. The person behind this company is Boenjamin Setiawan, a pharmacy graduate from Universitas Indonesia and University of California who developed PT Kalbe Farma from a small pharmacy store in a small garage in Jakarta to a multinational pharmacy company.

After graduating from the University of California with a pharmacy degree, Boenjamin Setiawan started with a stable, decent job as a pharmacy lecturer. However, his business instincts urged him to open his own pharmacy business. Together with six partners, he started a pharmacy business startup in a small garage in Tanjung Priok, North Jakarta, and Kalbe Farma was launched on September 10, 1966 as a small pharmacy business.

transForminG & expandinG

The company enjoyed small profits and grew gradually, until the monetary crisis in year 1998 sent many companies in Indonesia to bankruptcy. Even after applying for loan from foreign banks, Boenjamin was unable to keep the company running as well  as  before, so he decided to sell many of the company assets except those that were related to pharmacy, and started new business branches while also keeping Kalbe Farma as a pharmacy company. During the difficult times, Boenjamin kept his company from crumbling by expanding the company’s business to other fields like property and logistic, but still strengthening the main business in pharmacy.

Finally, he managed to keep PT Kalbe Farma from bankruptcy, and later even managed to increase its business expansions and profits. In 2012, Kalbe Farma even managed to acquire a health beverage company, Hale International. In the same year, the company also went into joint venture with Milko Beverage and built Kalbe Milko Indonesia. This company later made popular health beverages in Indonesia such as Sakatonik, Extra Joss and Fatigon.

The key of Kalbe Farma’s success is strong business base, which focuses  on pharmacy despite various business branches expanded by the company. Currently, about 17.4% of its profits come from medicine products, and 20% come from nutritional or health products such as baby and toddler milk, pregnant mother supplement and extra calcium milk.

Boenjamin, who is now 80 years old, has now retired and decided to move his business to younger generation. Currently, his niece Bernadette Ruth Setiady holds the position as Director.

“He is dedicated to providing path-breaking security and surveillance solutions to ensure safety of vulnerable industrial and defence establishments and socio- cultural life in general”

Aditya Khemka is reckoned among the pioneers of the security & surveillance industry – one of the firsts to introduce surveillance in India. With his unwavering zeal and foresight he has created iconic brands like CP Plus and established himself as an advocate of security & surveillance. Apart from being a successful entrepreneur, Mr. Khemka is passionate philanthropist, actively working towards the upliftment of the underprivileged

Need for SurveillaNce

The rising threat from terrorism, violence, road rage and crimes has made the need for reliable and effective security solutions indispensible. As India endeavors to be among the highly developed and prosperous nations of the world, it needs to be well-prepared to face the unique security challenges of the future to ensure safety of vulnerable industrial and defence establishments and socio-cultural life in general.

aN HoNeST viSioN

Aditya Khemka has been dedicated to the mission of providing path-breaking solutions in the field of security and surveillance. He envisions a secure world free of such threats; a world where physical security is a given – a right that each individual is entitled to. An MBA from the Fore School of Management, Mr.      Khemka                     brings with him more than two decades of experience          in                     channel                     relationship management.                   As                    the                   Managing Director of Aditya Infotech Limited (AIL), a flagship company of the Aditya Group, which he set up in 1993, Mr. Khemka contributed  tremendously to its growth, size and capabilities by initiating nation-wide distribution of computer parts and peripherals in 2000, expanding it further into niche technology verticals such as audio-video graphics, multimedia, animations, post- production and broadcasting solutions.

He finally incorporated CP Plus, a security and surveillance brand in 2007, which went on to become the youngest and fastest brand to be counted among the Global Top 4 and Asia’s Top 2 security and surveillance brands, in a very short span of time.

Mr. Khemka has grandly accomplished the herculean job of installing 5 facets in AIL – Aditya Distribution, Aditya Technology Summit, Aditya Solutions, Aditya Rentals, Aditya Care – in order to provide value-added services to Indian customers in the field of security surveillance, capturing the leadership in security and surveillance products distribution and  to  guide the decision makers in the field of security. He has not only created iconic brands in security & surveillance but also significantly contributed to the mammoth task of revolutionizing and commercializing surveillance in India through    extensive    communication, marketing and training.

With more than 52 branches across 650+ towns and more than 550 sales and technical professionals working under its helm, he has led AIL to becoming India’s No. 1 CCTV production and distribution house.

A   VerSaTile   PerSoNaliTy

Aditya Khemka is an avid reader and a regular contributor in leading IT and security magazines. He also speaks on security and surveillance for key international forums.

An  enthusiastic   philanthropist, Mr. Khemka is involved in host of CSR activities that are aimed at the improvement of healthcare, education and public security in the country, with a core focus on the welfare and development of underprivileged women and children.

“My Happiest Day Was When I Bought Dunlop Estate, Because In The Late 1960S, I Had Applied For A Job At Dunlop Estate But They Did Not Employ Me Because I Was Not Adequately Qualified”

Heading IOI Corporation Berhad, better known as IOI Group, as its Executive Chairman, Lee Shin Cheng is a Malaysian business magnate, investor, & philanthropist, who has developed IOI into a conglomerate managing oil palm plantations, producing specialty fats & oleochemicals, and developing property in Malaysia, Indonesia, the US, & Europe

Undeterred  by   Challenges

Lee grew up northeast of Kuala Lumpur on a rubber plantation, where his father ran a small Chinese food shop, and to help support his family, he left school at the age of 11, and started selling ice cream on a bicycle which he did for four years before returning to finish high school. Though he faced several rejections in his life, he kept on moving forward with his dreams. He sought work with one oil palm plantation company for a supervisory job, but was turned down, but Lee, who was then only 22, was undeterred by Dunlop Estate’s rejection. He went on to get a field supervisor’s job at another palm oil company.

Today, he has established a refinery in Rotterdam, Netherlands which is the largest palm oil refinery in Europe. IOI’s oil palm plantations in Malaysia and Indonesia produce palm oil and palm kernel oil. These oils are made into specialty oils, metallic stearates and fats that are used in soaps, detergents, cosmetics and food additives.

Under Lee, IOI Group is a leading real estate developer in Malaysia, and its projects include townships, shopping malls, condominiums, office towers, and resorts.

hands-on Managerial style

Twenty years later of his rejection, Lee bought Dunlop Estate, which he recalls as his happiest day in 1989. His desire to buy it stemmed from his rejection in late 1960s, which he still remembered. They had rejected him only because he was not adequately qualified. The theory is that if they had employed him, he would probably not have bought Dunlop Estate. However, this purchase marked a significant milestone in his life.

Lee adopted a hands-on managerial style and focused on maximizing palm oil yields. Lee’s walkabouts on IOI’s 152,000 hectares of oil palm plantations in Malaysia and Indonesia earned him the “tree talker” moniker among journalists, rival plantation companies, and bankers in Malaysia.

He explains that each tree has its own characteristics. If one produces well, he tells it that he loves it, and if a tree is not productive he would tell it that he would give it six to nine months to bear the quota of fruits. Surprisingly, the trees appear to listen to him and tend to bloom to expectation. If trees fail to produce, he tells them that he is sorry, and he chops them down.

Lee accepts that he is rightly called a tree talker, as he has commented in public several times that his success can be attributed to his habit of talking to the trees. He believes that if he continues to talk to the trees, he would continue to be successful in his business.

awards & aCColades

Lee has been bestowed with FIABCI Malaysia Property Man of the Year 2001 Award. In 2002, he was conferred an honorary doctorate degree in agriculture by Universiti Putra Malaysia in recognition of his contributions to the palm oil industry. He also serves as a Board Member of Universiti Putra Malaysia, an adviser to the KL & Selangor Chinese Chamber of Commerce and Industry, a council member of the Malaysian Palm Oil Association (MPOA), a member of the Malaysia-China Business Council, the honorary president of the Association of Eng Choon Societies of Malaysia, and the Federation of Hokkien Association of Malaysia.

“Omar Al Futtaim has made the Group a trusted name among the reputed global brands, providing them holistic B2C & B2B services in automotive, retail, finance & real estate sectors”

With an estimated net wealth of $4.1 billion, Omar Al Futtaim is successfully leading the Al-Futtaim Group in offering holistic B2C and B2B services and solutions in automotive, retail, finance and real estate sectors, taking it to fresh heights achieving great corporate success and international recognition

winning customers’ trust

Successfully         leading            the       Al-Futtaim Group since his appointment as its Vice Chairman, Omar Al Futtaim has established the group as a trusted name among the reputed global brands from the USA, UK, Japan, Sweden, France, Germany       and      Switzerland                  providing them holistic B2C and B2B services and solutions in automotive, retail, finance and real estate sectors.

Omar Al Futtaim has steered it to extend its footprints in 14 countries, representing 29 brands across the automotive industry, as Toyota, Lexus, Honda, Dodge, Volvo, Jeep and Chrysler are some reputed brand names associated with it, and the Group is today a trusted name in offering consumer financing solutions for various brands.

A versatile leader, under Omar Al Futtaim, the Group has become a leading name in property development and operations within MENA and delivers the best shopping experience on a massive scale across MENA & APAC.

Continuously expanding its business portfolio under the leadership of Omar Al Futtaim, it deals in automotive, electronics, retail, watches, jewellery, travel, construction, engineering, marketing communications, logistics, insurance and real estate, and the Al- Futtaim Group represents many reputed brands across the world that include Panasonic, Toshiba, Sanyo, Aftron, Alcatel, IKEA, Ace, Marks & Spencer, Toys R Us, Seiko, Raymond Weil, Westar, Kolber and Minato Pearls.

With his immensely rich experience, he has made the Group a major force as a reliable trader of financial instruments and solutions it offers to its customers in its pursuit to protect and boost their wealth.

He is further endeavouring to develop an ever-evolving and growing portfolio of insurance, wealth and asset management solutions that include highly rated commercial and consumer financing products to meet the needs and requirements of its customers.

Thus, under his able guidance, in the real estate sector, the Group with its decades long experience and its motive to create superior lifestyle for every member of the community  provides  its customers value-added real estate solutions giving them value for their money; in the retail sector, the Group has an exceptional retail division with exclusive expertise to launch and develop brands of highest operating benchmarks, enjoying simultaneously its tremendous mutually beneficial relationships with its partners.

ingenious & visionary

Omar Al Futtaim is known to employ innovative, advanced business practices and solutions, effortlessly combining those into the Group’s corporate structure and thus offering memorable, value-added experiences to his customers in real estate, automobile, financial and retails sectors. Adopting a customer-centric approach and maintaining great integrity with a collaborative spirit, he has created a one-stop shop providing best transport solutions to motorists, fleet owners and contractors alike.

In the automotive sector, under Omar Al Futtaim’s guidance, the Group offers end-to-end product solutions for commercial vehicles, passenger cars, new and used cars, for sale, leasing and renting, construction equipment and auto logistics.