Sugianto Kusuma

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Sugianto Kusuma (a.k.a. Aguan, Chinese: 郭再源; born 10 January 1951 in Palembang), is an Indonesian business tycoon. He owns Agung Sedayu Group, one of Indonesia's biggest property developers.[1]

Business

Kusuma started off by smuggling electronic goods via Palembang.[2] He became a business partner with Tomy Winata. Kusuma is a member of the so-called "nine dragons", a group comprising individuals behind Jakarta's gambling industry during the New Order.[3]

Kusuma became wealthy in the 1980s by working with military financier Robby Sumampouw to conduct an unlicensed lottery (toto gelap) and casino in Surabaya.[4]

Aerial view of Pantai Indah Kapuk, Jakarta

Kusuma and Winata own PT Danayasa Arthatama, through Jakarta International Hotels & Developments Tbk, which developed and owns the Sudirman Central Business District.[citation needed]

Kusuma and his family own PT Agung Sedayu. Through PT Multi Artha Pratama, PT Agung Sedayu also owns 89% Pantai Indah Kapuk Dua (previously named Pratama Abadi Nusa Industri), which went public in 2018. Pantai Indah Kapuk Dua, or PIK2 is a new development area in Tangerang Regency.[5]

Land reclamation controversy

Personal life

References

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