Sukarno nationalized most foreign businesses forcing many foreign managerial and technical experts to leave the country. Tan Siong Kie took advantage of the gaps that were left with the foreign business closures (Dieleman & Kamal, 2009)
Eight years later, the organization was renamed Rodamas Company Limited, with Tam Siong Kie and his wife, as the founders. Indonesia had won its independence in 1949; however, under the rule of President Sukarno's plan of socialism, the country's economic growth declined and inflation skyrocketted, despite the overwhelming support initially for socialism in the country (Pye, 1974)