Andre Tanoto

andre

Andre Tanoto (the fat one) is Sukanto eldest son. he didn’t goto Deerfield or Wharton. Just local school in Indonesia and Singapore. poor Andre, Sukanto least favorite son. Andre didn’t get any position in Sukanto’s offshore companies

Now he has Antica Capital Pte. Ltd. who purchased a substantial share in Tung Lok.

tung

 

Now Andre can eat seafood at Tung Lok every day.

tung lok

 

Now Andre holds 10.36% of share in Tung Lok http://onefinanceasia.com/read-corporate-announcements/31750-TUNG-LOK-RESTAURANTS-2000-LTD.html?page=1

In 2010, he purchased 12 million shares, each worth $0.2. Sukanto gave him 10 million dollars to invest. http://ns2.insideralpha.com/reports/filingAnalysis.php?stockCode=540&transaction_ID=2010-08-25_00050&insider_type=F1&START_DATE=2010-08-16&END_DATE=2010-12-25

 

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