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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, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...
Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after l ...
Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...
Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy
The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...
Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...
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- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Bhushan Steel Limited - India
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