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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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Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...
Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...
Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...
Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...
Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
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- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- MS Steel International - UAE
- The Treasury - Australian Government
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
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