SINGAPORE, May 26, 2015 /PRNewswire/ -- RGE welcomed about
50 EMBA and MBA students from the Wharton School of the
University of Pennsylvania as they
commenced their 5-day visit to Singapore, Malaysia, and Indonesia as part of their Global Modular
Course on 'Sustainable Growth in ASEAN'.
Addressing the students in Singapore on
May 25 as keynote speaker,
RGE's Founder and Chairman Sukanto
Tanoto spoke about how he scaled and diversified his
businesses, which now occupy strategic points in the resource-based
manufacturing value chain.
With almost 50 years of successful entrepreneur experience under
his belt, Mr Tanoto shared candidly about his journey as an
entrepreneur, including how he survived the Asian Financial Crisis
in the late 1990s, and sought to diversify his business after the
crisis. He cited building diverse teams with multiple skill
sets, focusing on technology and innovation, and creating shared
value and the "3C" values, as success factors that underpin each of
RGE's business groups.
"We continue to embrace the 3Cs in everything we do: Good for
Community, Good for Country, Good for Company. If we do what is
good for the community and country, the company will benefit," said
Mr Tanoto.
The 3Cs are evident in his companies' work, which includes
creating direct and indirect employment, partnering and empowering
smallholders, developing the communities and infrastructure in its
areas of operations, and implementing state-of-the art technologies
for sustainability and competitive advantage.
Mr Tanoto is also a known philanthropist who founded the Tanoto
Foundation in 2001. It is under the auspices of the
Tanoto Initiative with the School of Wharton, which seeks to promote studies and
research on ASEAN with a focus on Indonesia, that the students will be spending
two days in Pangkalan Kerinci later this week. They will be
joined by some undergraduates from the Singapore Management University (SMU), Wharton's
local partner for the course.
Pangkalan Kerinci, located in Riau province of Sumatra, Indonesia, houses RGE's key pulp and
paper and palm oil operations. The Wharton-SMU delegation
will visit the company's world-class facilities, and learn about
the rural communities it supports, as well as the sustainability
practices embedded in its operations.
About RGE
Royal Golden Eagle (RGE) manages a global group of companies in
the resource-based manufacturing industry. The companies occupy
strategic positions in the pulp and paper (APRIL, Asia Symbol),
palm oil (Asian Agri, Apical), specialty cellulose (Bracell),
viscose staple fibre (Sateri) and energy resource development
(Pacific Oil & Gas) markets.
The combined assets held by the group of companies exceed
US$ 15 billion. With more than 50,000
employees, RGE has operations in Indonesia, China and Brazil, and corporate offices in Singapore, Hong
Kong, Jakarta, Beijing and Nanjing.
RGE was founded in 1973 as RGM by prominent businessman and
philanthropist Sukanto Tanoto. Mr Tanoto is known for his business
acumen and pioneering success in the resource-based industry in
Indonesia. Under his leadership, the RGE group of companies
remains at the forefront of the industry with its multi-cultural
teams, robust sustainability programmes, fruitful smallholder
partnerships, strong community development initiatives, and
emphasis on innovation and forward-looking technologies.
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SOURCE Royal Golden Eagle
(RGE)