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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$200 million.
"We estimate the target company has valuation more than Intraco's market cap," he said as quoted by Bisnis Indonesia today, said Insider.
According to him, at the end of this year, Intraco Penta expects to complete the take over, enabling the company to penetrate coal miner business.
"We are prudent on this take over as the size is higher than Intraco Penta. Many companies are suffering loses in the coal mining business but they don't reveal it," said Petrus.
Intraco Penta was founded in 1970 and listed at Indonesia Stock Exchange in 1993. Intraco Penta has several subsidiaries such as PT Intan Baruprana Finance, PT Clumbia Chrome Indonesia, PT Terrafactor Indonesia, and PT Karya Lestari Sumberalam. Intraco is distributor for heavy equipment brands such as Volvo, Bobcat, Mahindra Tractors, and Sinotruk.
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Thursday, 25 August 11
OPG EXPECTS COAL PRICES TO REMAIN FIRM IN THE SHORT TERM
COALspot.com - Revenue of OPG, the developer and operator of Group Captive power plants in India up 188% to £33.15m and Income from continuing ...
Thursday, 25 August 11
PAITON POWER LOOKING FOR 3.96 MILLION TONS OF COAL
COALspot.com - PT Pembangkit Jawa Bali (PJB) is looking for 3.96 million tons coal with calorific value 4,800 kcal/kg on as received basis. Accordin ...
Tuesday, 23 August 11
ICMA CALLS GOVERNMENT TO REVIEW EXPORT BAN REGULATION
COALspot.com - Chairman of the Indonesian Coal Mining Association (ICMA) Bob Kamandanu asks the government to review the regulation that being draft ...
Tuesday, 23 August 11
ADARO ENERGY ACQUIRES 75% STAKE OF PT MUSTIKA INDAH PERMAI FOR US$ 222.5 MILLION
COALspot.com - PT Alam Tri Abadi, a wholly owned subsidiary of PT Adaro Energy Tbk, signed a share purchase agreement to acquire a 75% stake of PT M ...
Tuesday, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...
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- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
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