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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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Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
Thursday, 16 June 11
BOOSTING THE USE OF LOW CARBON ENERGY FOR A BETTER WORLD
Bali, Indonesia host of world renewable energy congress – Indonesia, international conference & exhibition on renewable energy and energy ...
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- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Planning Commission, India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
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