CEO of MNC Group Hary Tanoesoedibjo poses at the MNC editorial office in Jakarta May 25, 2012. REUTERS/Beawiharta

JAKARTA (Reuters) - Shares of Indonesian companies controlled by Donald Trump’s hotel business partner, Indonesian tycoon Hary Tanoesoedibjo, surged on Wednesday as the Republican nominee clinched the U.S. presidency, defeating Democratic rival Hillary Clinton.

Trump has a partnership with Tanoesoedibjo, who controls the MNC Group conglomerate, to manage hotels in the Indonesian island of Bali and in the West Java city of Bogor.

Shares of PT MNC Investama Tbk BHIT.JK surged 23 percent, PT Media Nusantara Citra Tbk MNCN.JK rose 2.1 percent and PT MNC Land Tbk KPIG.JK was up 0.7 percent. The broader Jakarta stock exchange .JKSE was down 1.4 percent.

“We always separate business from Trump’s political career. What we can say for now is congratulations to Trump,” Syafril Nasution, a spokesman for MNC Group, told Reuters by telephone.