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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, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
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- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
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