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Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES
Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessman Samin Tan, today schedules a signing ceremony of the takeover completion on 23.8% stake in London-based Bumi Plc worth US$1 billion.
"Closing ceremony is scheduled today [January 20] at 10.00 am," Samin Tan told Insider Stories last night.
As reported by Bisnis Indonesia today, Director Kenneth Raymond Allan at Borneo also confirmed about the signing ceremony today. "There is no press conference, only press release," he said.
Borneo has received US$1 billion loan facilities arranged by Standard Chartered Bank. The money has been transferred to a certain escrow account.
Following the takeover completion, Borneo will indirectly control 23.8% stake in Bumi Plc through two jointly new entities dubbed Borneo Bumi Energi & Metal Pte Ltd (Borneo Bumi) and Bumi Borneo Resources Pte Ltd (Bumi Borneo).
In Borneo Bumi, Borneo Energi controls 51% stake and 49% stake in Bumi Borneo. Borneo Bumi is holding 54.15% voting shares in Bumi Plc, representing 29.9% of the total voting rights in Bumi Plc.
Bumi Borneo is holding 60.44% non-voting shares in Bumi Plc, representing 25.1% of the total capital paid in of Bumi Plc.
Source: Insider Stories
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Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...
Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...
Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...
Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct&nbs ...
Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
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- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- The University of Queensland
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
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