Monthly Archives: June 2011
Bumi Plc to raise 3.9% stake in BUMI
June 28th, 2011
A number of shareholders in PT Bumi Resources Tbk (BUMI), Indonesia’s largest thermal coal exporter, has agreed to sell an aggregate of 800.33 million shares in BUMI. In an official statement published tonight, the shares are representing 3.9% of ...
Stephanus, Northstar & Mahanusa
June 28th, 2011
A consortium of Northstar Pacific Partners, which was founded by Patrick S. Walujo and Glenn T. Sugita, will soon accomplish a majority takeover of brokerage firm and investment management owned by PT Mahanusa Capital. Northstar consortium, which partners a ...
Atlas Resources & IPO underwriters
June 26th, 2011
Atlas Resources has mandated two lead underwriters namely PT UBS Securities Indonesia and PT Indo Premier Securities to arrange initial public offering (IPO). An executive familiar with the deal said Atlas Resources, which is owned by Indonesian businessman Andre ...
Stephanus, Syafriandi Saleh alliance
June 25th, 2011
A source said Stephanus Turangan will leave his team at Danareksa led by Edgar Ekaputra and Heru D. Adhiningrat in July and join PT Mahanusa Securities. “Mahanusa Securities, covering stock brokerage and asset management, will expand business by an ...
Delta Dunia rights issue below Rp1,200
June 8th, 2011
Several sources close to the deal said the price is eventually set at Rp900 a share. The level is close to the lowest level of the initial price range within Rp850-Rp1,200. “The price is designed to attract public investors ...
Vallares & Energi Mega shares pledge
June 6th, 2011
The sources said Vallares is similar with Vallar Plc when it initiated its IPO in London stock market in July 2010 and raise US$1.07 billion. Vallar said it would acquire coal assets. In November, Vallar announced takeovers on 25% ...
Vallares set to unveil IPO plan
June 4th, 2011
An acquisition vehicle backed by financier Nathaniel Rothschild and former BP (BP.L) boss Tony Hayward will announce its intention to float as early as next week, several sources familiar with the situation said as quoted by Reuters. It aims ...