COALSPOT.COM IS A BRAND NAME, NOT A PORTAL NAME Thursday, 20 June 2013
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  • Indonesian 5800 GAR coal (Physical) market direction: FLAT TO WEAK - COALspot.com's self assessment (updated on 18/6/13)
  • Indonesia has set the JUNE 2013 Coal Price Reference at US$ 84.87 per ton
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q4 2013 Contract - $61.65 (-0.03% dod) 18/6 8pm SG time - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q3 2014 Contract - $61.36 (0.25% dod) 18/6 8pm SG time - SGX

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Thursday, 16 June 11
VALLAR CONTROLS 84.7 PERCENT STAKE IN BERAU COAL - INSIDER STORIES


Insider Stories reported that, London-based investment company Vallar Plc, via its subsidiary dubbed Vallar Investments UK Limited, today announced a completion of mandatory cash offer for Indonesian coal miner PT Berau Coal Energy Tbk (BRAU).

Through the cash offer, Vallar has purchased a 9.7% stake or 3.39 billion of additional shares in Berau Coal at Rp540 (approx. US$ 0.0631949) a share or Rp1.83 trillion (approx. US$ 214,160,327) in cash.

The cash offer is following the earlier acquisition by Vallar of a 75% interest in Berau on April 8 2011. Accordingly, Vallar's total ownership in Berau as of June 15 2011 is 29.57 billion shares, representing approximately 84.7% of the issued share capital of Berau, says Insider Stories.

PT Bukit Mutiara, owned by Indonesians Rosan P. Roeslani and Sandiaga Uni, is still holding 7% in Berau Energy and other shareholders own 8.3%.


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Sunday, 09 October 11
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Saturday, 08 October 11
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Friday, 07 October 11
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Friday, 07 October 11
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Thursday, 06 October 11
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