by Yohanes Obor | Aug 15, 2014 | Agriculture, News, Resources
SINGAPORE (Yosefardi) – Golden Agri-Resources Ltd (GAR) registered net profit of US$131 million in first half of 2014, declined 17% from US$158 million in the same period of 2013. Revenue increased 27% to US$3.95 billion from previous US$3.1 billion. For second...
by Yohanes Obor | Aug 13, 2014 | Energy, News, Resources
JAKARTA (Yosefadi) – Oil and gas service company PT Apexindo Pratama Duta Tbk (APEX) plans to issue bonds in foreign currency denomination worth of maximum US$200 million, equivalent Rp2.33 trillion. The bond will be issued by its unit Ocean Peak Holding BV. The...
by Yohanes Obor | Aug 12, 2014 | Mining, News, Resources
HOUSTON (Yosefardi) – In June of 2014, Harvest Natural Resources, Inc. decided to relinquish their interest in Budong Budong PSC in Indonesia. It is working with the Indonesian government to complete the relinquishment which may take several months. As a result...
by Yohanes Obor | Aug 11, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – Oil and gas company PT Medco Energi Internasional Tbk (MEDC) has made a deal with state oil and gas firm PT Pertamina and state fertilizer company PT Pupuk Iskandar Muda (PIM) for monetizing gas at Block A in Aceh. Under the agreement, MEDC...
by Yohanes Obor | Aug 11, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – Giant coal miner PT Bumi Resources Tbk (BUMI), through its unit Enercoal Resources Pte Ltd has proposed the extension of convertible bond payment worth US$375 million. The bond, issued in 2009 and carries coupon of 9.35%, should have...
by Yohanes Obor | Aug 8, 2014 | Finance, Investments, Mining, News, Resources
JAKARTA (Yosefardi) – Vanguard Mining Corporation has engaged an independent auditing firm registered with the Public Company Accounting Oversight Board (PCAOB) to conduct the required financial audits of the Company in order to file a registration statement and...
