COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week.. globalCOAL index in Newcastle Port, benchmark for Asian mark ...


Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mecha ...


Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...


Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...


Thursday, 05 January 12
DRY BULK MARKET TAKES A PLUNGE OF LOW ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected the first days of the new year are characterized by significantly low chartering across the board of the dry bulk market, pus ...


   978 979 980 981 982   
Showing 4896 to 4900 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Cosco
  • Leighton Contractors Pty Ltd - Australia
  • PLN Batubara - Indonesia
  • New Zealand Coal & Carbon
  • Sucofindo - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Orica Mining Services - Indonesia
  • SUEK AG - Indonesia
  • Star Paper Mills Limited - India
  • Eastern Energy - Thailand
  • Billiton Holdings Pty Ltd - Australia
  • Thomson Reuters GRC
  • EIA - United States
  • Indian School of Mines
  • Ministry of Transport, Egypt
  • Asia Cement - Taiwan
  • Standard Chartered Bank - UAE
  • GN Power Mariveles Coal Plant, Philippines
  • Goldman Sachs - Singapore
  • NALCO India
  • Grasim Industreis Ltd - India
  • Baramulti Group, Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Tamil Nadu electricity Board
  • Asmin Koalindo Tuhup - Indonesia
  • RBS Sempra - UK
  • Ministry of Mines - Canada
  • Coal Orbis AG
  • EMO - The Netherlands
  • APGENCO India
  • Global Coal Blending Company Limited - Australia
  • Qatrana Cement - Jordan
  • Tanito Harum - Indonesia
  • Gresik Semen - Indonesia
  • Independent Power Producers Association of India
  • Kumho Petrochemical, South Korea
  • Mercator Lines Limited - India
  • Carbofer General Trading SA - India
  • White Energy Company Limited
  • Vale Mozambique
  • Samtan Co., Ltd - South Korea
  • bp singapore
  • Bhushan Steel Limited - India
  • Bangladesh Power Developement Board
  • IOL Indonesia
  • Rudhra Energy - India
  • Indian Oil Corporation Limited
  • Aboitiz Power Corporation - Philippines
  • Infraline Energy - India
  • Gujarat Mineral Development Corp Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Core Mineral Indonesia
  • Deutsche Bank - India
  • Aditya Birla Group - India
  • Edison Trading Spa - Italy
  • Credit Suisse - India
  • Sarangani Energy Corporation, Philippines
  • Petron Corporation, Philippines
  • Georgia Ports Authority, United States
  • Maharashtra Electricity Regulatory Commission - India
  • World Coal - UK
  • Manunggal Multi Energi - Indonesia
  • Surastha Cement
  • Panama Canal Authority
  • JPower - Japan
  • Agrawal Coal Company - India
  • London Commodity Brokers - England
  • IHS Mccloskey Coal Group - USA
  • Coastal Gujarat Power Limited - India
  • Jatenergy - Australia
  • World Bank
  • Posco Energy - South Korea
  • TANGEDCO India
  • Maybank - Singapore
  • Platou - Singapore
  • Shenhua Group - China
  • Inco-Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Fearnleys - India
  • Dalmia Cement Bharat India
  • ICICI Bank Limited - India
  • Russian Coal LLC
  • Mercuria Energy - Indonesia
  • Therma Luzon, Inc, Philippines
  • Samsung - South Korea
  • Petrosea - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Humpuss - Indonesia
  • Oldendorff Carriers - Singapore
  • Essar Steel Hazira Ltd - India
  • KPCL - India
  • Mintek Dendrill Indonesia
  • Vedanta Resources Plc - India
  • GHCL Limited - India
  • Coeclerici Indonesia
  • Ince & co LLP
  • KEPCO - South Korea
  • CNBM International Corporation - China
  • Directorate Of Revenue Intelligence - India
  • Malabar Cements Ltd - India
  • Thai Mozambique Logistica
  • Mechel - Russia
  • SRK Consulting
  • Glencore India Pvt. Ltd
  • CoalTek, United States
  • Parry Sugars Refinery, India
  • Shree Cement - India
  • Kepco SPC Power Corporation, Philippines
  • The Treasury - Australian Government
  • Lafarge - France
  • Coal and Oil Company - UAE
  • GMR Energy Limited - India
  • Deloitte Consulting - India
  • Borneo Indobara - Indonesia
  • UBS Singapore
  • Mitra SK Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Tata Power - India
  • Mitsui
  • JPMorgan - India
  • TeaM Sual Corporation - Philippines
  • IEA Clean Coal Centre - UK
  • BNP Paribas - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Makarim & Taira - Indonesia
  • ETA - Dubai
  • ING Bank NV - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • J M Baxi & Co - India
  • Romanian Commodities Exchange
  • Madhucon Powers Ltd - India
  • Energy Development Corp, Philippines
  • ANZ Bank - Australia
  • Xindia Steels Limited - India
  • Sindya Power Generating Company Private Ltd
  • India Bulls Power Limited - India
  • Price Waterhouse Coopers - Russia
  • Semirara Mining Corp, Philippines
  • PLN - Indonesia
  • Thiess Contractors Indonesia
  • U S Energy Resources
  • Bayan Resources Tbk. - Indonesia
  • Moodys - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • Salva Resources Pvt Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • Attock Cement Pakistan Limited
  • Coaltrans Conferences
  • Japan Coal Energy Center
  • Ambuja Cements Ltd - India
  • GVK Power & Infra Limited - India
  • GNFC Limited - India
  • Sojitz Corporation - Japan
  • Intertek Mineral Services - Indonesia
  • Malco - India
  • Tata Chemicals Ltd - India
  • SMC Global Power, Philippines
  • Riau Bara Harum - Indonesia
  • Mitsubishi Corporation
  • Gujarat Electricity Regulatory Commission - India
  • Berau Coal - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Gujarat Sidhee Cement - India
  • KPMG - USA
  • Indika Energy - Indonesia
  • Australian Coal Association
  • Altura Mining Limited, Indonesia
  • Wood Mackenzie - Singapore
  • Orica Australia Pty. Ltd.
  • OPG Power Generation Pvt Ltd - India
  • Sree Jayajothi Cements Limited - India
  • Wilmar Investment Holdings
  • Economic Council, Georgia
  • GB Group - China
  • Videocon Industries ltd - India
  • Adani Power Ltd - India
  • VISA Power Limited - India
  • Jaiprakash Power Ventures ltd
  • Indorama - Singapore
  • Global Business Power Corporation, Philippines
  • HSBC - Hong Kong
  • SN Aboitiz Power Inc, Philippines
  • Chettinad Cement Corporation Ltd - India
  • NTPC Limited - India
  • Kaltim Prima Coal - Indonesia
  • Chamber of Mines of South Africa
  • Planning Commission, India
  • Reliance Power - India
  • Africa Commodities Group - South Africa
  • Noble Europe Ltd - UK
  • Kohat Cement Company Ltd. - Pakistan
  • Rashtriya Ispat Nigam Limited - India
  • Inspectorate - India
  • Bhatia International Limited - India
  • SGS (Thailand) Limited
  • Toyota Tsusho Corporation, Japan
  • globalCOAL - UK
  • Coalindo Energy - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Neyveli Lignite Corporation Ltd, - India
  • Global Green Power PLC Corporation, Philippines
  • Bank of America
  • Siam City Cement PLC, Thailand
  • Kobexindo Tractors - Indoneisa
  • Argus Media - Singapore
  • McConnell Dowell - Australia
  • McKinsey & Co - India
  • Runge Indonesia
  • Marubeni Corporation - India
  • TNPL - India
  • Pinang Coal Indonesia
  • Anglo American - United Kingdom
  • Cemex - Philippines
  • Banpu Public Company Limited - Thailand
  • BRS Brokers - Singapore
  • Lanco Infratech Ltd - India
  • Britmindo - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Karbindo Abesyapradhi - Indoneisa
  • Ind-Barath Power Infra Limited - India
  • Bank of China, Malaysia
  • Maruti Cements - India
  • ASAPP Information Group - India
  • Cardiff University - UK
  • Freeport Indonesia
  • Karaikal Port Pvt Ltd - India
  • CESC Limited - India
  • Parliament of New Zealand
  • Savvy Resources Ltd - HongKong
  • AsiaOL BioFuels Corp., Philippines
  • Uttam Galva Steels Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Indogreen Group - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • UOB Asia (HK) Ltd
  • South Luzon Thermal Energy Corporation
  • Xstrata Coal
  • GAC Shipping (India) Pvt Ltd
  • Enel Italy
  • Trasteel International SA, Italy
  • Directorate General of MIneral and Coal - Indonesia
  • Rio Tinto Coal - Australia
  • The State Trading Corporation of India Ltd
  • Metalloyd Limited - United Kingdom
  • Eastern Coal Council - USA
  • Coal India Limited
  • Clarksons - UK
  • Australian Commodity Traders Exchange
  • Latin American Coal - Colombia
  • Bukit Baiduri Energy - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Sakthi Sugars Limited - India
  • Adaro Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Bangkok Bank PCL
  • Electricity Generating Authority of Thailand
  • Central Electricity Authority - India
  • TRAFIGURA, South Korea
  • European Bulk Services B.V. - Netherlands
  • Power Finance Corporation Ltd., India
  • Indian Energy Exchange, India
  • Sical Logistics Limited - India
  • Total Coal South Africa
  • Meenaskhi Energy Private Limited - India
  • CIMB Investment Bank - Malaysia
  • Gupta Coal India Ltd
  • Holcim Trading Pte Ltd - Singapore
  • Bhoruka Overseas - Indonesia
  • Vitol - Bahrain
  • Medco Energi Mining Internasional
  • ACC Limited - India
  • Thailand Anthracite
  • Indonesian Coal Mining Association
  • Asian Development Bank
  • Cement Manufacturers Association - India
  • Mjunction Services Limited - India
  • Geoservices-GeoAssay Lab
  • SASOL - South Africa
  • Ministry of Finance - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • The India Cements Ltd
  • Idemitsu - Japan
  • Commonwealth Bank - Australia
  • Renaissance Capital - South Africa
  • Maheswari Brothers Coal Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Interocean Group of Companies - India
  • CCIC - Indonesia
  • Formosa Plastics Group - Taiwan
  • IBC Asia (S) Pte Ltd
  • DBS Bank - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Barasentosa Lestari - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Miang Besar Coal Terminal - Indonesia
  • PowerSource Philippines DevCo
  • Timah Investasi Mineral - Indoneisa
  • Kapuas Tunggal Persada - Indonesia
  • Simpson Spence & Young - Indonesia
  • Barclays Capital - USA
  • Kobe Steel Ltd - Japan
  • Bulk Trading Sa - Switzerland
  • Cebu Energy, Philippines
  • Thermax Limited - India
  • TGV SRAAC LIMITED, India
  • Central Java Power - Indonesia
  • Peabody Energy - USA
  • MS Steel International - UAE
  • Iligan Light & Power Inc, Philippines
  • Maersk Broker
  • MEC Coal - Indonesia
  • Jindal Steel & Power Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • San Jose City I Power Corp, Philippines
  • Minerals Council of Australia
  • Antam Resourcindo - Indonesia
  • WorleyParsons
  • Vizag Seaport Private Limited - India
  • Merrill Lynch Commodities Europe
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Merrill Lynch Bank
  • Kideco Jaya Agung - Indonesia
  • Bukit Makmur.PT - Indonesia
  • PTC India Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Meralco Power Generation, Philippines
  • Siam City Cement - Thailand
  • Energy Link Ltd, New Zealand
  • Heidelberg Cement - Germany
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Larsen & Toubro Limited - India
  • IMC Shipping - Singapore
  • Bharathi Cement Corporation - India
  • OCBC - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Permata Bank - Indonesia
  • Port Waratah Coal Services - Australia
  • Electricity Authority, New Zealand
  • KOWEPO - South Korea
  • LBH Netherlands Bv - Netherlands
  • Cargill India Pvt Ltd
  • Singapore Mercantile Exchange
  • PetroVietnam
  • Indonesia Power. PT
  • SMG Consultants - Indonesia
  • Arutmin Indonesia
  • The University of Queensland
  • Arch Coal - USA
  • Thriveni
  • TNB Fuel Sdn Bhd - Malaysia
  • Platts
  • Sinarmas Energy and Mining - Indonesia