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11 Facts About Sudono Salim

1.

Sudono Salim or Lim Sioe Liong was an Indonesian banker and businessman.

2.

Sudono Salim was the founder and chairman of the conglomerate Salim Group before handing over its management to his youngest son Anthoni Salim in 1992.

3.

In 1916, Salim was born as Lim Sioe Liong in Fuqing, Fujian, China.

4.

Sudono Salim denied allegations that he provided arms to Indonesian soldiers to resist Dutch forces.

5.

In 1952, after moving to Jakarta, Sudono Salim expanded his peanut oil trading company by establishing connections with other Overseas Chinese businessmen in Hong Kong and Singapore respectively.

6.

Sudono Salim later expanded his commercial activities into textile manufacturing and financial services, eventually being behind the establishment of Indonesia's largest private bank, Bank Central Asia in 1957.

7.

In 1968, after a corporate merger, Sudono Salim gained the rights to a establish a corporate monopoly on clove importation.

8.

Sudono Salim established Bogasari, a joint venture with another businessman of Hokchia ancestry where the company later became Indonesia's largest miller, producer, and supplier of flour.

9.

Sudono Salim eventually settled in Los Angeles in the United States.

10.

On 10 June 2012, a month before his 96th birthday, Sudono Salim passed away from natural causes in Raffles Hospital, Singapore.

11.

Sudono Salim is buried at the Lim Chu Kang Cemetery.