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Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR


The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent of the shares of mining and trading company PT Allbond Makmur Usaha. Renuka Energy will acquire the shares from PT Sanex International, Kong Tju Yun and Fauzan Pesik, Allbond Makmur president director Benny Suwandy said in a letter to the Indonesia Stock Exchange (IDX) on Monday.

Benny said the agreement was signed on Feb. 11. He did not provide any additional details.

Allbond Makmur was previously engaged in the manufacturing and marketing of motorcycles but shifted to mining and trading activities in 2008.
Source: The Jakarta Globe



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Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...


Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
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Tuesday, 23 March 10
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Tempo Interactive  reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...


Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...


Monday, 22 March 10
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