Solution : https://service.sap.com/sap/support/notes/1157980 (SAP Service marketplace login required)
Key words : 
newly installed sap system, newly created sap system, installation user owns objects, single sap system, symptom sap netweaver 7, i5/ossolution manager 4, sid-independent objects, chgown <sid>adm, owner <sid>adm, sdm-related objects
Related Notes : 
       
| 1565553 | SAP NetWeaver 7.3 EHP1 for IBM DB2 for i | 
| 1489021 | SAP NetWeaver 7.0 including EHP3:IBM DB2 for i | 
| 1430134 | SAP NetWeaver 7.0 EHP2/Business Suite 7 - IBM i | 
| 1234445 | SAP NetWeaver 7.0 EHP1/Business Suite 7 - IBM i | 
| 1134777 | SAP NetWeaver 7.0 SR3 Installation: IBM DB2 for i5/OS | 
| 978127 | SAP NetWeaver 2004s SR2 Installation: IBM eServer iSeries | 
| 927734 | SAP NetWeaver 2004s SR1 Installation: IBM eServer iSeries | 
| 855897 | SAP Business Suite 2005 Installation:IBM DB2 for i5/OS |