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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, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...
Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...
Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...
Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...
Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In May 2010 the BDI touched ...
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- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
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