Surabaya Tycoon Hermanto Tanoko: RISE Ready to Build Six Five-Star Hotels

July 27, 2024, 03.25 PM
Reporter: Yuwono TriatmodjoEditor: Syamsul Azhar

TYCOON - JAKARTA. Under the leadership of Hermanto Tanoko, a trillionaire from Surabaya born in Malang on September 17, 1962, companies continue to thrive and grow. One such company is PT Jaya Sukses Makmur Sentosa Tbk (RISE), a property and real estate firm owned by Hermanto, which listed its shares on the Indonesia Stock Exchange (IDX) on July 9, 2018.

During a visit from KONTAN at his office on the 33rd floor of Voza Tower Surabaya on Wednesday (24/7), the Chief Commissioner of RISE revealed plans for the company's future expansion. "We plan to build six five-star hotels," said Hermanto.

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