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Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philippine conglomerate's president said on Wednesday.
It will be the second time that San Miguel has attempted to buy a stake in an Indonesian coal firm, after earlier talks to take a majority stake in the Southeast Asian country's top miner PT Bumi Resources fizzled out.
"Yes, in talks with Goldman," San Miguel president Ramon Ang told Reuters when asked if Southeast Asia's biggest food and beverage firm was among possible buyers of the stake up for sale in Adaro.
Ang declined to say how big a stake San Miguel plans to buy.
Goldman Sachs, Citigroup and hedge fund Farallon were looking to sell around 17 percent of Adaro Energy to strategic investors, sources told Reuters earlier this month.
The sale was expected after a lockup period ended in March for financial sponsors, which included the three financial groups, which had participated in Adaro's $1.3 billion initial public offering last year, analysts had said.
Goldman Sachs, with a 9.94 percent stake in Adaro, is coordinating the sale of the shares, one source with direct knowledge of the matter said two weeks ago.
Goldman Sachs was adviser to San Miguel in the Manila-based conglomerate's ambitious diversification plan, which resulted in San Miguel's purchase of 27 percent of utility Manila Electric Co last year, a planned telecommunications venture, and a pending purchase of majority of oil refiner Petron Corp.
San Miguel is diversifying away from its traditional food and beverage business to fuel future growth.
Analysts said investors may want to sell out of Adaro given the uncertainty over coal prices amid an economic downturn.
Source: http://in.reuters.com/article/innovationNews/idINTRE53S47R20090429?sp=true
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Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...
Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...
Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...
Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index.
The BDI was up by 6.87 pct closing at 824 points ...
Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake.
The regulation known as ...
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Showing 4811 to 4815 news of total 6871 |
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- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Sojitz Corporation - Japan
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Planning Commission, India
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- PTC India Limited - India
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
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