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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 $5.2bn buy-out.
Source: AltAssets
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Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...
Sunday, 22 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 25,000/26,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR ANALYSIS
COALspot.com (Singapore): Analyised by Capt. Radhakrishnan Reddy, Managing Director of Vistaar Shipping Services, Singapore.
BDI hits a new high ...
Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million ...
Friday, 20 November 09
DRY BULK SHIP OWNERS HOPE RALLY WILL LAST
Boon times are still on the daily agenda of every dry bulk ship owner these days after one of the toughest year in the industry’s century-old ...
Friday, 20 November 09
NTPC LOOKING FOR LONG TERM CONTRACTS FOR COAL IMPORT
Business Standard of India reported that, State run power firm NTPC today said it is looking for long-term supply of coal from overseas market to me ...
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- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Australian Coal Association
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- The University of Queensland
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
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