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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, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
&q ...
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...
Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...
Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy
Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...
Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...
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- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
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