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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$200 million.
"We estimate the target company has valuation more than Intraco's market cap," he said as quoted by Bisnis Indonesia today, said Insider.
According to him, at the end of this year, Intraco Penta expects to complete the take over, enabling the company to penetrate coal miner business.
"We are prudent on this take over as the size is higher than Intraco Penta. Many companies are suffering loses in the coal mining business but they don't reveal it," said Petrus.
Intraco Penta was founded in 1970 and listed at Indonesia Stock Exchange in 1993. Intraco Penta has several subsidiaries such as PT Intan Baruprana Finance, PT Clumbia Chrome Indonesia, PT Terrafactor Indonesia, and PT Karya Lestari Sumberalam. Intraco is distributor for heavy equipment brands such as Volvo, Bobcat, Mahindra Tractors, and Sinotruk.
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Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...
Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...
Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...
Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...
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- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- The University of Queensland
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Planning Commission, India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
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