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Tuesday, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limited have agreed to extend a due diligence period to enable the accomplishment of small number of outstanding items, quoted by Insider Stories.
Insider Stories further reported, in an official statement obtained today, both companies initially set a 30 days of the due diligence on January 28 2011.
The extension won't delay the transaction's accomplishment. Both Bayan and Kangaroo are continuing to finalize independent experts' reviews on the assets, ahead of shareholder meetings to approve the transaction.
On December 28 2010, Bayan and Kangaroo Resources entered into a share purchase agreement.
Bayan will inject Kangaroo Resources with 9 coal concession assets in East Kalimantan with coal resources of 3.8 billion metric tons.
In return, Kangaroo Resources will issue new shares, enabling Bayan Resources to control Kangaroo Resources.
Bayan also entered into share sale and purchase agreements with three buyers PT Ilthabi Bara Utama, Prime Mine Resources Limited, Romo Nitiyudi Wachjo, on December 28 2010 to acquire 9 coal concession assets in East Kalimantan.
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Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...
Tuesday, 08 February 11
DRY BULK: IS THE TIDE TURNING? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what could be perceived as a change of market sentiment for the better, the dry bulk industry’s benchmark, the Baltic Dry Index (BDI) poste ...
Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for therma ...
Monday, 07 February 11
COAL PRICES ON RISE: DEMAND FROM INDIA AND CHINA - ANALYZED SUNIL K KUMBHAT
INDONESIA IS HEART OF ASIAN COAL BOOM
COALspot.com - Rising demand of Coal from India and China, coupled with global financial recovery, is driv ...
Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a re ...
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- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Australian Coal Association
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
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