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Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO

 

Source: Insider Stories


Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wholly owned subsidiary PT Tuah Turangga Agung has acquired 60% stakes in PT Agung Bara Prima (ABP). The Value of the transaction is US$15.9 million.

According to United Tractors's Corporate Secretary Sarah K. Loebis, Agung Bara Prima mine is having estimated coal deposits of 10 million tons. "Agung Bara's mining is still green field," said Sarah as quoted by Kontan daily today.

in 2011, Agung Bara is targeting to to produce 1 million tons of coal annually. United Tractors is underway to close acquisition deal of an another  mining company which have around  20 million of coal reserves.



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Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri ...


Friday, 25 June 10
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Handy Atlantic markets seeing more activity today (23 June 2010) after a slump the last weeks. Supramax vessels open in USG are achieving low/mid ...


Thursday, 24 June 10
INDONESIAS BUMI DECLARED US$ 57.1 MILLION (AMOUNTING TO 30% OF 2009 NET INCOME) AS DIVIDEND
COALspot.com: PT Bumi Resources, Tbk’s Annual General Meeting (AGM) today was successfully held with a quorum of 75.89% resulting in sharehold ...


Thursday, 24 June 10
CHINA TARGETS 3.6 BILLION MT ANNUAL COAL OUTPUT FOR 2015
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Thursday, 24 June 10
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