THE son of Indonesian tycoon Stephen Riady will be promoted to deputy chief executive of the family-controlled property and hospitality group OUE from Jan 1 next year.

MAINBOARD-LISTED OUE has picked up food and beverage outlet operator Superfood Retail as a new associate company, in a transaction announced on Friday night.

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Dr Stephen Riady, executive chairman of OUE Limited and winner of this year’s EY Asean Entrepreneurial Excellence award, may be best known for his business acumen.

EY ASEAN ENTREPRENEURIAL EXCELLENCE AWARD: STEPHEN RIADY

IN 2012, Stephen Riady stunned and awed the corporate world when his company OUE, then known as Overseas Union Enterprise, led a group to launch a S$13.1 billion takeover bid for industry...

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THE Indonesian authorities' probe into alleged bribery linked to the Lippo Group's US$21 billion Meikarta property project near Jakarta is unlikely to have a significant impact on Riady-...

THE son of Indonesian tycoon Stephen Riady became chief executive of OUE's hospitality division on Wednesday, according to a bourse filing from the company.