by Editor | Jan 18, 2014 | Finance, Investments, News
LONDON (Yosefardi) – Asia Resource Minerals Plc (previously Bumi Plc) and Bakrie Group have agreed a further extension to complete the separation transaction. Asia Resources said it is continuing its discussions with the Bakrie Group in relation to the delay to...
by Editor | Jan 17, 2014 | Energy, News, Resources
LONDON (Yosefardi) – UK-based oil and gas company Premier Oil Plc plans to drill four exploration wells in Indonesia this year. The wells are Kuda Laut and Singa Laut in the first quarter of 2014, where Premier holds 65% interest and has high outcome/risk....
by Editor | Jan 16, 2014 | Finance, Investments, News
LONDON (Yosefardi) – Bakrie Group and Asia Resource Minerals Plc (previously Bumi Plc) have agreed to extend the deadline for completion of Bakrie’s exit from the company to January 17, 2014. “Bakrie Group is not able to complete the separation...
by Editor | Jan 16, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Kingsrose Mining Ltd expects final permits for the second gold mine Talang Santo in Way Linggo project, Sumatra, to be secured in April 2013. Kingsrose informed ASX this morning that mine development has been undertaken on a limited basis,...
by Editor | Jan 16, 2014 | Markets, News
JAKARTA (Yosefardi) – Shares of insurance firm PT Asuransi Mitra Maparya (ASMI) Tbk soared 50% in its trading debut on Indonesia Stock Exchange (IDX) Thursday (Jan 16). The insurance firm offered 402 million shares at Rp270 per share in the initial public...
by Editor | Jan 16, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Maluku province’s new spatial plan paves the way for flexible development of Finders Resources Ltd’s copper cathode project in Wetar Island, Maluku. Finders informed ASX yesterday that the spatial plan rezones the entire Kali...
by Editor | Jan 16, 2014 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange (IDX) retreated 0.34% to 4427 this morning on profit taking. BRI leads market correction with 3.24% fall, while Bumi Serpong Damai down 3.4%. Consumer goods giant Unilever Indonesia down 0.71%,...
by Editor | Jan 14, 2014 | Finance, Investments, News
JAKARTA (Yosefardi) – Bank Panin Syariah (PNBS) will kick off trading of its stocks on Indonesia Stock Exchange (IDX) Wednesday (January 15). PNBS, a sharia bank, offered 4.75 billion shares in the initial public offering (IPO) to raise Rp475 billion or Rp100...
by Editor | Jan 14, 2014 | Finance, Global Finance, News
SINGAPORE (Yosefardi) – Shares of plantation companies dragged down Singapore’s Straits Times Index by 0.55% Tuesday (Jan 14) morning. Wilmar International drops 1.81%, while Golden Agri-Resources dropped 2.83% with substantial trading volume. First...
by Editor | Jan 14, 2014 | Energy, News, Resources
SYDNEY (Yosefardi) – ASX-listed Woodside Petroleum Ltd has signed a sales and purchase agreement with Japanese Chubu Electric Co Inc for the supply of up to around 1.5 million tons of liquefied natural gas (LNG) over a three-year period commencing in April 2014....
