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Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 million, as reported by Insider Stories.
Intraco Penta President Director Petrus Halim said the target coal company may have valuation higher than Intraco's market capitalization which is now about US$200 million.
"We estimate the target company has valuation more than Intraco's market cap," he said as quoted by Bisnis Indonesia today, said Insider.
According to him, at the end of this year, Intraco Penta expects to complete the take over, enabling the company to penetrate coal miner business.
"We are prudent on this take over as the size is higher than Intraco Penta. Many companies are suffering loses in the coal mining business but they don't reveal it," said Petrus.
Intraco Penta was founded in 1970 and listed at Indonesia Stock Exchange in 1993. Intraco Penta has several subsidiaries such as PT Intan Baruprana Finance, PT Clumbia Chrome Indonesia, PT Terrafactor Indonesia, and PT Karya Lestari Sumberalam. Intraco is distributor for heavy equipment brands such as Volvo, Bobcat, Mahindra Tractors, and Sinotruk.
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Wednesday, 12 October 11
INDONESIAS COAL RUSH - JOSEPH KIRSCHKE
COALspot.com - Last winter, the Chinese government mobilized thousands of soldiers and reservists of the People’s Liberation Army to the port ...
Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
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- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- MS Steel International - UAE
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
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