Founder of Salim Group dies at 97


JAKARTA: Liem Sioe Liong, who used his ties to former dictator Suharto to build a small peanut oil business into leading Indonesian conglomerate Salim Group, has died aged 97, his company said.

The Chinese-born tycoon, whose Indonesian name was Soedono Salim and whose group is now one of Asia's biggest businesses, passed away in Singapore on Sunday, said a statement from Indofood, one of his firms.

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