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Tuesday, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limited have agreed to extend a due diligence period to enable the accomplishment of small number of outstanding items, quoted by Insider Stories.
Insider Stories further reported, in an official statement obtained today, both companies initially set a 30 days of the due diligence on January 28 2011.
The extension won't delay the transaction's accomplishment. Both Bayan and Kangaroo are continuing to finalize independent experts' reviews on the assets, ahead of shareholder meetings to approve the transaction.
On December 28 2010, Bayan and Kangaroo Resources entered into a share purchase agreement.
Bayan will inject Kangaroo Resources with 9 coal concession assets in East Kalimantan with coal resources of 3.8 billion metric tons.
In return, Kangaroo Resources will issue new shares, enabling Bayan Resources to control Kangaroo Resources.
Bayan also entered into share sale and purchase agreements with three buyers PT Ilthabi Bara Utama, Prime Mine Resources Limited, Romo Nitiyudi Wachjo, on December 28 2010 to acquire 9 coal concession assets in East Kalimantan.
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Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...
Tuesday, 08 February 11
DRY BULK: IS THE TIDE TURNING? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what could be perceived as a change of market sentiment for the better, the dry bulk industry’s benchmark, the Baltic Dry Index (BDI) poste ...
Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for therma ...
Monday, 07 February 11
COAL PRICES ON RISE: DEMAND FROM INDIA AND CHINA - ANALYZED SUNIL K KUMBHAT
INDONESIA IS HEART OF ASIAN COAL BOOM
COALspot.com - Rising demand of Coal from India and China, coupled with global financial recovery, is driv ...
Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a re ...
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- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
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