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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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Wednesday, 22 February 12
RAW COMMODITY EXPORT BAN SPARKS SMELTER BUILDING BOOM IN INDONESIA ANTARA / THE JAKARTA GLOBE
Antara / The Jakarta Globe reported that, as the government gears up to ban all exports of unprocessed commodities, Indonesia will see 12 new ...
Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to subm ...
Monday, 20 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU
The dry market experienced one more disappointing week with tonnage oversupply and limited cargo demand that pushes earnings for shipping players to ...
Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES
8000-tonne contract with Singaporean buyer signed for March delivery
50% down payment due in five working days
Production continues at both Jongka ...
Monday, 20 February 12
DIAN SWASTATIKA ACQUIRES ANDALAN LESTARI - INSIDER STORIES
Insider Stories reported that, PT Dian Swastatika Sentosa Tbk (DSSA), controlled by Fuganto Widjaja, son of Indra Widjaja, reported a 99.83% takeove ...
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- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Planning Commission, India
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
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