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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$1 billion loan facilities arranged by Standard Chartered Bank. The money has been transferred to a certain escrow account.
Following the takeover completion, Borneo will indirectly control 23.8% stake in Bumi Plc through two jointly new entities dubbed Borneo Bumi Energi & Metal Pte Ltd (Borneo Bumi) and Bumi Borneo Resources Pte Ltd (Bumi Borneo).
In Borneo Bumi, Borneo Energi controls 51% stake and 49% stake in Bumi Borneo. Borneo Bumi is holding 54.15% voting shares in Bumi Plc, representing 29.9% of the total voting rights in Bumi Plc.
Bumi Borneo is holding 60.44% non-voting shares in Bumi Plc, representing 25.1% of the total capital paid in of Bumi Plc.
Source: Insider Stories
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Tuesday, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES
Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net prof ...
Sunday, 22 January 12
FREIGHT MARKET DROPPED TO THE LOWEST LEVEL SINCE 2008
COALspot.com - "The markets continued to soften almost reaching 2008 levels breaking the 1,000 point mark", said Capt. Reddy of Vistaar Sh ...
Saturday, 21 January 12
ASIAS PREMIER COMPREHENSIVE OPEN CUT MINING CONFERENCE SCHEDULED FOR FEBRUARY 2012
As the only such conference in the region for miners and service providers, IBC Asia’s Open Cut Mine Planning & Operational Excellence con ...
Saturday, 21 January 12
COAL MARKETS CELEBRATES A DECADE OF BRINGING BUYERS & SELLERS TOGETHER
In 2012, IBC Asia’s premier Coal Markets conference series – Asia’s only globally focused coal import, export and supply chain eve ...
Thursday, 19 January 12
SOUTHGOBI RESOURCES SELLS MORE THAN FOUR MILLION TONNES OF COAL IN 2011, 58% MORE THAN 2010
COALspot.com - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) has successfully complets year 2011 on guidance in terms of coal sales and production.
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- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
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