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Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 million, as reported by Insider Stories.
Intraco Penta President Director Petrus Halim said the target coal company may have valuation higher than Intraco's market capitalization which is now about US$200 million.
"We estimate the target company has valuation more than Intraco's market cap," he said as quoted by Bisnis Indonesia today, said Insider.
According to him, at the end of this year, Intraco Penta expects to complete the take over, enabling the company to penetrate coal miner business.
"We are prudent on this take over as the size is higher than Intraco Penta. Many companies are suffering loses in the coal mining business but they don't reveal it," said Petrus.
Intraco Penta was founded in 1970 and listed at Indonesia Stock Exchange in 1993. Intraco Penta has several subsidiaries such as PT Intan Baruprana Finance, PT Clumbia Chrome Indonesia, PT Terrafactor Indonesia, and PT Karya Lestari Sumberalam. Intraco is distributor for heavy equipment brands such as Volvo, Bobcat, Mahindra Tractors, and Sinotruk.
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Friday, 19 August 11
INDIA IMPORTS LESS INDONESIAN COAL THAN CHINA IN JULY
COALspot.com - Indonesia shipped 31.30 Million tons of coal in July 2011, up by 10.69 percent compared to June's export of about 28.27 ...
Thursday, 18 August 11
INDONESIAS PROPOSED LOW GRADE COAL EXPORT BAN WILL NOT HAVE A SIGNIFICANT IMPACT ON INDIA - MISWIN MAHESH
COALspot.com - The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by Jan ...
Thursday, 18 August 11
MARUBENI ACQUIRED 42.86% OF YTL JAWA POWER
COALspot.com - Marubeni Corporation (Marubeni) has completed the acquisition of 42.86 percent of the shares of YTL Jawa Power Holdings BV from YTL P ...
Wednesday, 17 August 11
CME LAUNCHES ARGUS COKING COAL SWAP FUTURES
COALspot.com - Argus media reported that, leading exchange CME Group will list an Australian coking coal swap futures contract for trading on the Ny ...
Wednesday, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
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- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- The University of Queensland
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
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