Investment / Land in Bintan, Indonesia
The Group owns a piece of vacant land of approximately 580,000 square meters in Bintan through its 75% owned subsidiary, PT Super Makmur Sejahtera (“PT SMS”). PT SMS is a joint venture company with Lum Chang Holdings Limited. As the largest island in the Riau province, Bintan is well known for its high-end resorts, world-class golf courses and magnificent coastal beauty. Situated in the north eastern coast of Bintan Island, the land presents a variety of opportunities including potential tourism-related uses.