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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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Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...
Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...
Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy
The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...
Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...
Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...
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- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Australian Coal Association
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
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