by Yohanes Obor | Nov 14, 2014 | Energy, News, Resources
SINGAPORE (Yosefardi) – SGX-listed KS Energy Limited, controlled by Cris Wiluan, booked consolidated revenue of $58.5 million and consolidated net profit after tax of $3.3 million for the third quarter ended 30 September 2014 (Q3 2014). The Group’s...
by Yohanes Obor | Nov 14, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – Oil and gas contractor PT Radian Utama Interinsco Tbk (RUIS) had divested its unit, PT Radiant Bukit Barisan E&P (RBB), to PT Citra Sarana Energi (CSE) and PT Wisesa Inspirasi Sumatera (WIS), member of PT Graha Sumber Berkah (GSB). The...
by Yohanes Obor | Nov 13, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Toba Bara Sejahtera Tbk (TOBA) plans to acquire a coal miner in East Kalimantan next year, to boost its performance and profitability. The company has bank loan facility of US$35 million and internal cash of US$64.3 million, used to fund...
by Yohanes Obor | Nov 12, 2014 | Agriculture, News, Resources
KUALA LUMPUR (Yosefardi) – Kuala Lumpur Kepong Berhad (KLK), through its wholly-owned subsidiary, KL-Kepong Plantation Holdings Sdn Bhd had on 10 November 2014 entered into a joint venture (JV) agreement with PT Astra Agro Lestari Tbk (AALI). AALI will be a 50%...
by Yohanes Obor | Nov 10, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Kangaroo Resources Limited reported is updating and renewing mining exploration licenses and permits and obtaining other necessary permits and approvals to enable mining operations to commence at PAKAR North in 2016. Processing of...
by Yohanes Obor | Nov 10, 2014 | Energy, News, Resources
SYDNEY (Yosefardi) – Cokal Limited reported its Bumi Barito Mineral (BBM) project has multiple seams of high quality metallurgical coal. BBM’s Production IUP covers an area of 14,980 hectares (ha), immediately adjacent to BHP Billiton’s Juloi tenement, is...