Oriente announced that it has received $105 million in funding from Berjaya Corporation Berhad, PT Sinar Mas Group, JG Summit Holdings, Inc., and other investors
November 26, 2018
Share
Oriente announced that it has received $105 million in series A round of funding co-led by members of new investors Berjaya Corporation Berhad (KLSE:BJCORP) and PT Sinar Mas Group on November 27, 2018. The transaction also included participation from the founders and a group of family offices including members of new investor JG Summit Holdings, Inc. (PSE:JGS).
JG Summit Holdings, Inc. is a holding company for a group of companies with substantial business interests in branded consumer foods, agro-industrial and commodity food products, real estate and hotel, air transportation, banking and financial services, and petrochemicals. It also has core investments in telecommunications and power generation and distribution. The Foods, Agro-Industrial and Commodities businesses segment is engaged in manufacturing and distribution of a diverse mix of salty snacks, chocolates, candies, biscuits, bakery products, beverages and others. The Air Transportation segment include air transport services, both domestic and international, for passengers and cargos, and line and light maintenance services. The Petrochemicals segment is a manufacturer of polyethylene (PE), polypropylene (PP), polymer grade ethylene, polymer grade propylene, partially hydrogenated pyrolysis gasoline, pyrolysis fuel oil, aromatics, butadiene and liquefied petroleum gas (LPG).
Oriente announced that it has received $105 million in funding from Berjaya Corporation Berhad, PT Sinar Mas Group, JG Summit Holdings, Inc., and other investors
JG SUMMIT HOLDINGS, INC. 
