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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$200 million.
"We estimate the target company has valuation more than Intraco's market cap," he said as quoted by Bisnis Indonesia today, said Insider.
According to him, at the end of this year, Intraco Penta expects to complete the take over, enabling the company to penetrate coal miner business.
"We are prudent on this take over as the size is higher than Intraco Penta. Many companies are suffering loses in the coal mining business but they don't reveal it," said Petrus.
Intraco Penta was founded in 1970 and listed at Indonesia Stock Exchange in 1993. Intraco Penta has several subsidiaries such as PT Intan Baruprana Finance, PT Clumbia Chrome Indonesia, PT Terrafactor Indonesia, and PT Karya Lestari Sumberalam. Intraco is distributor for heavy equipment brands such as Volvo, Bobcat, Mahindra Tractors, and Sinotruk.
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Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
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- Posco Energy - South Korea
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- White Energy Company Limited
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
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