User:BiographyWriter45/sandbox/Sentul

Sentul City is managed by a public company named PT Sentul City Tbk, founded on 16 April 1993. This company has changed its name several times, namely PT Sentragriya Kharisma (1993), PT Royal Sentul Highlands (1993-1997 ), PT Bukit Sentul Tbk (1997-2006) and PT Sentul City Tbk (2006-present). The company started marketing the Bukit Sentul area in September 1993. Sentul City Tbk has been listed on the Indonesia Stock Exchange since 30 June 1997, initially releasing its 400 million holdings for IDR 500/share.

The majority of ownership of PT Sentul City Tbk is currently controlled by PT Sakti Generasi Perdana (80.4%), Public (12.9%) and Stella Isabella Djohan (6.7%). PT Sakti Generasi Perdana is also fully owned by Stella Isabella Djohan. Previously, this company was owned by PT Asriland (Bambang Trihatmodjo) together with Kaestindo, which is controlled by the brothers Kwee Cahyadi Kumala (Swie Teng) and Kwee Haryadi Kumala.

Gatra reported that “Swie Teng is known to be close to Tomy Winata, who reputedly possesses a great many networks in the ranks of law enforcement officials. Swie Teng himself is known as a specialist in land clearance… People close to Tomy Winata acknowledge that Tomy has indeed long been close to Swie Teng.”

During its development, this company was caught in several controversies, which ultimately led to Kwee Cahyadi's conviction of bribery in 2015.