Profile
Bayan Resources Tbk
The Bayan Group is engaged in open cut mining of various coal quality from mines located primarily in East and South Kalimantan. Being an integrated coal producer in Indonesia the Bayan Group through its various mines, produces coal ranging from semi-soft coking coal to environmentally-friendly low sulphur, sub-bituminous coal.
The Bayan Group, through various companies, has exclusive rights to mine under five Coal Contracts of Works (CCOWs) and three Kuasa Pertambangan’s (KPs) awarded by the Government of Indonesia over a total concession are of 81,265 Ha/ The Bayan Group coal resources and reserves have been independently verified and certified to international JORC standards by third-party mining consultant.
Serving as an integrated coal producer, the Bayan Group has its own coal loading infrastructure. It owns the largest coal terminal in Indonesia known as the Balikpapan Coal Terminal located in Balikpapan, East Kalimantan, with a throughput capacity of 15 million metric tones per annum and a stockpiling capacity of approximately one million tones across 16 stockpiles. It can fully load large Panamax vessels (up to 90,0000 DWT) and partially load Cape size vessels (up to 200,000 DWT) , making the Bayan Group an exceptional integrated coal producer. It is also the only coal producer in the country to operate a Floating Transfer-Station that can be moved to take advantage of the location with the greatest demand or to avoid bad weather and can be positioned to load capsize vessels. These infrastructure assets complement the logistical aspects of the Bayan Group’s business and at the same time, provide benefits to take advantage of ample mining opportunities. Whenever capacity permits, these infrastructure assets are also readily utilized by third parties from whom the Bayan Group receives a secondary source of income.
The Bayan Group continues to invest in exploration at its existing mine sites while also exploring potential acquisitions of new coal assets and expansion of infrastructure facilities to complement its existing portfolio.
| Security Code | : | BYAN |
| Office Address | : | Gedung Office 8, Lantai 37 Sudirman Central Business Distrik (SCBD) lot 28 Jl. Jenderal Sudirman kav. 52-53 Jakarta 12950 Indonesia |
| Mail Address | : | corporate.secretary@bayan.com.sg |
| Phone | : | 021-2935 6888 |
| Fax | : | 021-2935 6999 |
| NPWP | : | 02.433.110.0-062.000 |
| NPKP | : | - |
| Website | : | www.bayan.com.sg |
| Listing Date | : | 12-Aug-2008 |
| Board | : | Primary |
| Main Business | : | Coal Mining |
| Sector | : | MINING |
| Sub Sector | : | COAL MINING |
| Stock Administration Bureau | : | PT Raya Saham Registra |
Subsidiary
| Name of Subsidiary | Line of Business | Total Asset | Percentage |
|---|---|---|---|
| PT DERMAGA PERKASAPRATAMA | JASA BONGKAR MUAT BATUBARA | 60970421 | 87.4 % |
| PT INDONESIA PRATAMA | PERDAGANGAN, JASA KONTRAKTORPERTAMBANGAN | 52158500 | 100 % |
| PT PERKASA INAKAKERTA | PERTAMBANGAN BATUBARA | 99089069 | 100 % |
| PT WAHANA BARATAMA MINING | PERTAMBANGAN BATUBARA | 376060075 | 100 % |
| PT BAYAN ENERGY | PERTAMBANGAN, PENGANGKUTAN DAN KONSTRUKSI | 65238067 | 99.99 % |
| PT FIRMAN KETAUN PERKASA | PERTAMBANGAN BATUBARA | 121789319 | 100 % |
| PT TEGUH SINARABADI | PERTAMBANGAN BATUBARA | 63223025 | 100 % |
| PT METALINDO PROSESTAMA | INVESTASI PADA ANAK PERUSAHAAN | 201183815 | 95.2 % |
| PT KALTIM OTR TYRES | INDUSTRI VULKANISISR | 0 | 0 % |
| PT FAJAR SAKTI PRIMA | PERTAMBANGAN BATUBARA | 31748818 | 90 % |
| PT BARA TABANG | PERTAMBANGAN BATUBARA | 1824777 | 90 % |
| PT BRIAN ANJAT SENTOSA | PERTAMBANGAN BATUBARA | 666575 | 100 % |
| PT MUJI LINES | PERKAPALAN | 107658569 | 100 % |
| PT GUNUNGBAYAN PRATAMACOAL | PERTAMBANGAN BATUBARA | 200738655 | 92.7 % |
| KANGAROO RESOURCES ASUTRALIA LIMITED | INVESTASI PADA ANTITAS ANAK | 431934600 | 56.05 % |
| KANGAROO RESOURCES SINGAPURA | INVESTASI PADA ENTITAS ANAK | 0 | 56.05 % |
| KANGAROO MINERALS AUSTRALIA PTY LTD | INVESTASI PADA ENTITAS ANAK | 5235 | 56.05 % |
| SGQ SINGAPORE INVESTMENT COMPANY PTE LTD | INVESTASI PADA ENTITAS ANAK | 16077996 | 56.05 % |
| PT SUMBER ASET UTAMA | JASA KONTRAKTOR PERTAMBANGAN, PEMBANGUNAN, PENGANGKITAN DAN PERDAGANGAN | 12396687 | 56.04 % |
| PT DERMAGA ENERGI | PERTAMBANGAN BATUBARA | 856944 | 55.49 % |
| PT TANUR JAYA | PERTAMBANGAN BATUBARA | 840251 | 55.49 % |
| PT SILAU KENCANA | PERTAMBANGAN BATUBARA | 597308 | 55.49 % |
| PT ORKIDA MAKMUR | PERTAMBANGAN BATUBARA | 591290 | 55.49 % |
| PT SUMBER API | PERTAMBANGAN BATUBARA | 593495 | 55.49 % |
| PT TIWA ABADI | PERTAMBANGAN BATUBARA | 595211 | 55.49 % |
| SGQ BATUBARA (A) PTE LTD | INVESTASI PADA ENTITAS ANAK | 490991 | 56.05 % |
| PT KARSA OPTIMA JAYA | INVESTASI PADA ENTITAS ANAK | 18992426 | 56.05 % |
| PT MULTI MAMAHAK BATUBARA | JASA KONTRAKTOR | 0 | 56.05 % |
| PT MAHAKAM ENERGI LESTARI | PERTAMBANGAN BATUBARA | 0 | 55.49 % |
| PT MAHAKAM BARA ENERGI | PERTAMBANGAN BATUBARA | 0 | 55.49 % |
| PT MAMAHAK COAL MINING | PERTAMBANGAN BATUBARA | 18616921 | 55.49 % |
| PT BARA KARSA LESTARI | PERTAMBANGAN BATUBARA | 24379 | 55.49 % |
| PT DERMAGA PERKASAPRATAMA | JASA BONGKAR MUAT BATUBARA | 65935195 | 87.4 % |
| PT INDONESIA PRATAMA | PERDAGANGAN, JASA KONTRAKTORPERTAMBANGAN | 48607332 | 100 % |
| PT PERKASA INAKAKERTA | PERTAMBANGAN BATUBARA | 96181751 | 100 % |
| PT WAHANA BARATAMA MINING | PERTAMBANGAN BATUBARA | 374803624 | 100 % |
| PT BAYAN ENERGY | PERTAMBANGAN, PENGANGKUTAN DAN KONSTRUKSI | 74532870 | 99.99 % |
| PT FIRMAN KETAUN PERKASA | PERTAMBANGAN BATUBARA | 143152728 | 100 % |
| PT TEGUH SINARABADI | PERTAMBANGAN BATUBARA | 58683321 | 100 % |
| PT METALINDO PROSESTAMA | INVESTASI PADA ANAK PERUSAHAAN | 213617320 | 95.2 % |
| PT FAJAR SAKTI PRIMA | PERTAMBANGAN BATUBARA | 39693876 | 90 % |
| PT BARA TABANG | PERTAMBANGAN BATUBARA | 2149527 | 90 % |
| PT BRIAN ANJAT SENTOSA | PERTAMBANGAN BATUBARA | 637008 | 100 % |
| PT MUJI LINES | PERKAPALAN | 121622724 | 100 % |
| PT GUNUNGBAYAN PRATAMACOAL | PERTAMBANGAN BATUBARA | 213173810 | 92.7 % |
| KANGAROO RESOURCES LIMITED | INVESTASI PADA ANTITAS ANAK | 411350021 | 56.05 % |
| KANGAROO RESOURCES SINGAPURA | INVESTASI PADA ENTITAS ANAK | 0 | 56.05 % |
| KANGAROO MINERALS AUSTRALIA PTY LTD | INVESTASI PADA ENTITAS ANAK | 0 | 56.05 % |
| SGQ SINGAPORE INVESTMENT COMPANY PTE LTD | INVESTASI PADA ENTITAS ANAK | 0 | 56.05 % |
| PT SUMBER ASET UTAMA | JASA KONTRAKTOR PERTAMBANGAN, PEMBANGUNAN, PENGANGKITAN DAN PERDAGANGAN | 11759058 | 56.04 % |
| PT DERMAGA ENERGI | PERTAMBANGAN BATUBARA | 827084 | 55.49 % |
| PT TANUR JAYA | PERTAMBANGAN BATUBARA | 836753 | 55.49 % |
| PT SILAU KENCANA | PERTAMBANGAN BATUBARA | 609761 | 55.49 % |
| PT ORKIDA MAKMUR | PERTAMBANGAN BATUBARA | 593295 | 55.49 % |
| PT SUMBER API | PERTAMBANGAN BATUBARA | 599035 | 55.49 % |
| PT TIWA ABADI | PERTAMBANGAN BATUBARA | 600100 | 55.49 % |
| SGQ BATUBARA (A) PTE LTD | INVESTASI PADA ENTITAS ANAK | 0 | 56.05 % |
| PT KARSA OPTIMA JAYA | INVESTASI PADA ENTITAS ANAK | 0 | 56.05 % |
| PT MULTI MAMAHAK BATUBARA | JASA KONTRAKTOR | 0 | 56.05 % |
| PT MAHAKAM ENERGI LESTARI | PERTAMBANGAN BATUBARA | 0 | 55.49 % |
| PT MAHAKAM BARA ENERGI | PERTAMBANGAN BATUBARA | 0 | 55.49 % |
| PT MAMAHAK COAL MINING | PERTAMBANGAN BATUBARA | 17314465 | 55.49 % |
| PT BARA KARSA LESTARI | PERTAMBANGAN BATUBARA | 157016 | 55.49 % |
Ownership
Shareholders
| Shareholders Name | Shareholders Type | Number of Share | Percentage |
|---|---|---|---|
| DATO’ DR LOW TUCK KWONG | More Than 5% | 1719695500 | 51.59 % |
| Public | More Than 5% | 414942500 | 12.45 % |
| KOREA ELECTRIC POWER CORPORATION | More Than 5% | 666667000 | 20 % |
| ENEL INVESTMENT HOLDING BV | More Than 5% | 333333500 | 10 % |
| ENGKI WIBOWO | More Than 5% | 198695000 | 5.96 % |
| DATO’ DR LOW TUCK KWONG | Commissioner | 1719695500 | 51.59 % |
| IR MICHAEL SUMARIJANTO | Commissioner | 300000 | 0.01 % |
| IR ROZIK B. SOETJIPTO | Commissioner | 0 | 0 % |
| DJANADI BIMO PRAKOSO | Commissioner | 0 | 0 % |
| CARLOS EIZAGUIRRE | Commissioner | 0 | 0 % |
| CHIN WAI FONG AND EMPIRE MANAGEMENT CORPORATION | Director | 53427000 | 1.6 % |
| JENNY QUANTERO | Director | 99497500 | 2.98 % |
| ENGKI WIBOWO | Director | 198695000 | 5.96 % |
| LOW YI NGO | Director | 5694500 | 0.17 % |
| ALASTAIR G.C. MCLEOD | Director | 300000 | 0.01 % |
| LIM CHAI HOCK AND DYNAMIC RESOURCES CORPORATION | Director | 88868000 | 2.67 % |
| RUSSELL NEIL | Director | 300000 | 0.01 % |
| IR. R. SOEDJOKO TIRTO SOEKOTJO | Director | 0 | 0 % |
| SEUNGBUM KIM | Director | 0 | 0 % |
| HERMANTO SUPARMAN | Director | 0 | 0 % |
| Public | Less Than 5% | 414942500 | 12.45 % |
Key Executive
Director :
| Director’s Name | Director’s Position | Independent |
|---|---|---|
| Chin Wai Fong | President Director | No |
| Seungbum Kim | Director | No |
| Raden Soedjoko Tirtosoekotjo | Director | Yes |
| Russel John Neil | Director | No |
| Jenny Quantero | Director | No |
| Alastair Gordon Christopher Mcleod | Director | No |
| Engki Wibowo | Director | No |
| Lim Chai Hock | Director | No |
| Low Yi Ngo | Director | No |
| Hermanto Suparman | Director | No |
Commissioners :
| Commissioner’s Name | Commissioner’s Position | Independent |
|---|---|---|
| Dato’ Low Tuck Kwong | President Commissioner | No |
| Carlos Eizaguirre | Commissioner | No |
| Dr. I.r. Rozik B. Soetjipto | Commissioner | Yes |
| Djanadi Bimo Prakoso | Commissioner | Yes |
| Michael Sumarijanto | Commissioner | No |
