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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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Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
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- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Bhatia International Limited - India
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
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