Skip to main content

Entity Type: Domestic Company

Bashundhara Group LTD

Written by CMP Staff on .

Bashundhara Group is a Bangladeshi conglomerate founded in 1987 by Ahmed Akbar Sobhan as East West Property Development Ltd. Originally focused on real estate development in Dhaka, the company expanded into manufacturing, cement production, paper mills, and steel during the 1990s. The group reports in the “About Us” section of its website that it operates more than 50 businesses across sectors including LPG distribution and food processing. Its media business centers on the subsidiary East West Media Group. With more than 700,000 employees according to its corporate profile, Bashundhara is one of Bangladesh’s largest private enterprises.

Guangdong Xiexun Technology Co. Ltd.

Written by CMP Staff on .

Guangdong Xiexun Technology Co. Ltd. was established in 2017 with a registered capital of 10 million yuan. The company describes itself as focused on “internet product development for Southeast Asian countries,” and claims to customize internet products based on “changing market demands” in Southeast Asia. It is unclear whether the company has any connections to official government entities in the PRC, though its TNAOT Cambodian news app largely features content from Chinese state-run media, including the People’s Daily, and strongly promotes the Belt and Road Initiative.

Rimbunan Hijau Group

Written by CMP Staff on .

The Rimbunan Hijau Group is a Malaysian multinational logging and diversified conglomerate founded in 1975 by Tan Sri Datuk Tiong Hiew King (張曉卿). Headquartered in Sibu, Sarawak, Malaysia, the group has an estimated annual turnover exceeding US$1 billion and operates across multiple countries including Malaysia, Indonesia, Papua New Guinea, Equatorial Guinea, Gabon, Russia, Australia, Canada, China, Hong Kong, Korea, Singapore, and the United States. The company is involved in forestry, oil palm plantations, media, information technology, hospitality, aquaculture, general trading, biotechnology, plastic manufacturing, mining, property development, and human capital development. In Papua New Guinea, Rimbunan Hijau is the largest single logging operator and owns one of the country’s major newspapers, The National, which it established in 1993. The company has faced criticism from environmental groups, with a World Bank report estimating that up to 70 percent of logging in Papua New Guinea is illegal, though the company maintains it operates within legal frameworks.

Chubun Sangyo Co Ltd

Written by CMP Staff on .

Listed on the footer of Japan’s Chinese-language Chubun (中文導報) as the copyright holder, Chubun Sangyo Co., Ltd. (中文产业株式会社) is the publisher of what China’s Baidu Baike describes as Japan’s “comprehensive Chinese-language weekly newspaper.” The company has published Chubun since its September 1992 founding, distributing 80,000 copies weekly across four sections. A 2005 speech by the newspaper’s editor-in-chief, published in CNHubei, describes Chubun Sangyo as “Japan’s largest comprehensive Chinese enterprise promoting Sino-Japanese exchange” and a “cross-media group” operating multiple outlets including Chubun, “Lele China” (乐乐中国) television station, Japanese magazine CHAi, and the “Kentoshi” (遣唐使) website. However, the company also describes itself as a logistics firm delivering “necessary goods to necessary places at necessary times” with “low prices, high quality, and short delivery times,” creating an unusual structure where a supply chain operation owns a prominent Chinese-language media outlet.

Jiangxi Liu’s Industry Co. Ltd.

Written by CMP Staff on .

Jiangxi Liu Industry Co., Ltd., formerly located in Nanchang’s Honggutan New District, was a private company that has now been deregistered. According to its 2022 annual report, published in June 2023, the company reported no employee social insurance registrations and chose not to disclose its financial information. The company’s registration number was 91360125074279761H, and it had not transferred any shares or made investments in other companies during the reporting period. Jiangxi Liu Industry Co., Ltd. is mentioned online as being connected to the Argentina Chinese Network, based in Buenos Aires.

PJSC Sberbank

Written by CMP Staff on .

Sberbank, Russia’s largest banking and financial services company, is a majority state-owned institution headquartered in Moscow that evolved from the Soviet Union’s State Labor Savings Banks System. Led by Herman Gref, a close ally of Vladimir Putin, since 2007, the bank accounts for approximately one-third of all banking assets in Russia. Sberbank has faced multiple rounds of international sanctions since Russia’s 2014 annexation of Crimea, with restrictions intensifying dramatically following the 2022 invasion of Ukraine. In February 2022, the United States imposed severe operational restrictions on Sberbank, causing its stock to lose more than half its value, while the European Union enacted comprehensive sanctions in July 2022. These measures forced Sberbank to exit European markets, with many of its overseas subsidiaries subsequently losing licenses, closing operations, or entering receivership. Despite these sanctions, in July 2024, Sberbank paid record dividends of 752 billion rubles ($8.5 billion) for 2023, with half going to the Russian state.