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Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Indonesian mining company Delta Dunia Petroindo, according to reports. The investment gives the firm a large minority stake in one of the country’s largest coal contractors.
The company also reportedly raised over $383m in an equity placement last week, selling 2.6 billion secondary shares close to the lower end of its price range. Shares sold for 1,400 rupiah ($0.15) a share, the same price as that paid by Northstar.
Both stakes are being sold by major shareholder Credence Trust of Singapore, into which the company’s shareholders placed their stakes last September. The two deals represent one of the largest corporate financing initiatives in Indonesia this year.
At the same, unlisted coal services company Bukit Makmur Mandiri Utama is reportedly being merged with Delta, effectively listing the country on the Indonesia Stock Exchange.
Last week, TPG teamed up with the Canada Pension Plan Investment Board to acquire IMS Health, one of the world’s leading providers of market intelligence to the pharmaceutical and healthcare industries, in a $5.2bn buy-out.
Source: AltAssets
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Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...
Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
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- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- The University of Queensland
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
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