Anuar Adam's company Tadmax has acquired 80,000 ha of forested lands in Papua, Indonesia, near the Papua New Guinea border, which it intends to log and then convert to oil palm plantations. Tadmax paid US$80 million for the land by
buying up two companies with rights over the lands-- Suffolk Pte Ltd (owned by Adwir Boy) and Wealthgagte Pte Ltd (owned by Hafiz Arief). Tadmax now expects to sell the lands for as much as US$200 million.