Johan Lensa, 66

BY :GLOBEASIA

JULY 03, 2016

J Resources

Property

$800 million (2015)

$900 million (2016)

While performance at his coal and mining business Bukit Makmur Mandiri (BMM) has slowed due to the collapse in commodity prices, Johan Lensa also has significant interests in property.

Through investment arms J Resources Asia Pacific and Bukit Makmur Widya the group controls stakes in the Gondokusumo family’s Intiland Development as well as Luntungan Honoris’ Modern Land.

Johan also has a significant stake in the Australian property market through Golden Property Pty. Ltd. The family hasn’t stopped moving forward: in February, J Resources announced it had arranged a syndicated loan of $208.5 million from Indonesia Eximbank, Bank ICBC Indonesia and Bank Permata to start a new gold mine and smelter in North Sulawesi.

Johan’s son Jimmy Budiarto is an important player in the team, helping grow business in Indonesia and elsewhere in Asia.

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