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Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), will accomplish acqusition of two coal mine companies in South Kalimantan in the second half this year.
Speaking after annual general shareholder meeting, United Tractors' Corporate Secretary Sarah Loebis said Pamapersada has completed due diligence for two mining companies. "We will close the acquisitiond deal in the second half this year," she said.
Pamapersada has entered into shares sale agreement on January 14 2010 in a bid to acquire 30% stakes in two coal mining companies namely PT Asmin Bara Bronang and PT Asmin Bara Jaan with shareholders of both companies PT Mandira Sanni Pratama and PT Andalan Teguh Berjaya.
Both coal mining companies own coal concession areas in Kapuas and Murung Raya, Central Kalimantan. The acquisition deal is worth US$40.1 million and Rp75 million.
In January 2010, Pamapersada has paid US$11.6 million in cash and put US$28.6 million in escrow account which will be drawn down maximum in the next 12 months based on shares sale agreement.
In January 2010, Mandira Sanni Pratama was controlling share holder of a wounded sea transportation company PT Arpeni Pratama Ocean Line Tbk (APOL), while PT Ayrus Prima owned 21.04% stakes, Morgan Stanley & Co held 9,81%, and Melon S/A Cundill Recovery FD owned 8.30%, DEG 8.67%, and public holders held the remaining.
Source: Insider Stories
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Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks.
Bank of Tokyo Mitsubishi ...
Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...
Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...
Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy.
Shareholders will get a combine ...
Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small ...
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- Ministry of Mines - Canada
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Planning Commission, India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- White Energy Company Limited
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- PTC India Limited - India
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
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