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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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Wednesday, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
Wednesday, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax an ...
Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of 4500 - 5500 kcal/kg sub-bituminous Coal.
Bharat Oman Refineries Ltd ...
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 point ...
Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...
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- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Australian Coal Association
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
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