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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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- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
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