Business

Indonesian tycoon Liem Sioe Liong dies

June 11, 2012

KUALA LUMPUR, June 10 — Indonesian tycoon Sudono Salim alias Liem Sioe Liong passed away in Singapore this evening, according to Metronews. He was 97.

The China-born businessman started the Salim Group, which comprises Indofood, Indomobil, Indocement, Indosiar, BCA, Indomaret, Indomarco and others — all brand names in the sprawling Indonesian archipelago.

Liem was a close ally of former Indonesian President Suharto.

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