All Articles

Indonesian coal mining billionaire Low Tuck Kwong, the third richest man in Indonesia, is suing two business partners for AUD9.6 million (US$6.6 million) after discovering "material defects" in properties he bought from them. Indonesian billionaire Low Tuck Kwong In June 2025, Low and his company Energy Resource Investment entered into a share purchase agreement with Peter Kwee, a tycoon known for distributing cars, to pay SGD32.2 million (US$24.9 million) for the majority st