PT Bumi Resources Tbk

Type: Company
Name: PT Bumi Resources Tbk (PT Bumi Resources)
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

Stricter Oversight on Mining Sector Being Pledged

A tractor and excavator are used to clear a coal stockpile area in Tarahan coal port in Lampung province in this August 20, 2011 file photo. (Reuters Photo/Dwi Oblo)Jakarta. Government ministries and law enforcement agencies are pledging on more coordinated ... [Published Jakarta Globe - Aug 29 2014]
First reported Aug 28 2014 - Updated Aug 29 2014 - 2 reports

Indonesia Bourse Draws Soft Open On Friday

The Indonesia stock market has climbed higher now in two straight sessions, gathering almost 40 points or 0.8 percent along the way. The Jakarta Composite Index ended just below the 5,185-point plateau, although the market figures to hand back those gains ... [Published RTTNews.com - Aug 29 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 2 reports

Explanation of PT Bumi Resources Tbk on CB | dated 12 Aug 2014 (bilingual)

No.: 384/BR-BOD/VIII/14 Jakarta, 12 Agustus 2014 PT BURSA EFEK INDONESIAGedung Bursa Efek Indonesia, Tower 1Jl. Jend Sudirman Kav.52-53 Up. Bapak I Gede Nyoman YetnaKepala Divisi Penilaian Perusahaan Group I Perihal: Penjelasan PT Bumi Resources Tbk. ... [Published Noodls - Aug 28 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 3 reports

You are footing the bill for coal companies; some are losing a lot of money

You know that person who is always asking friends or family to help him pay his bills? You know the type, the guy who never seems to have his wallet, and always seems to forget to forget to pay you back?Coal companies like Bumi Resources in Indonesia ... [Published Greenpeace USA - Aug 28 2014]
First reported Aug 27 2014 - Updated Aug 28 2014 - 1 reports

SE Asia Stocks - Most higher amid inflows; Indonesia ends losing streak

11:55am BST BANGKOK, Aug 27 (Reuters) - Most Southeast Asian stockmarkets gained on Wednesday in line with others in Asia, withIndonesia snapping three days of falls aided by bargain-hunting,but shares of coal miner PT Bumi Resources Tbk cameunder selling ... [Published Reuters UK - Aug 27 2014]
First reported Aug 27 2014 - Updated Aug 28 2014 - 4 reports

Indonesia may revoke contracts of 17 coal miners

INDONESIA may revoke the contracts of 17 coal miners that owe royalties to the government, including PT Arutmin Indonesia, a unit of PT Bumi Resources Tbk, the director general for coal and minerals said on Wednesday.The potential termination of Arutmin’s ... [Published Brunei Times - Aug 28 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

INDONESIA: ROYALTIES ROW THREAT TO MINING CONTRACTS

Indonesia has threatened to revoke the contracts of 17 coal miners that owe royalties to the government, including Bumi Resources unit PT Arutmin Indonesia.The threat from Sukhyar, Indonesia’s director general of coal and minerals, comes as Indonesia’s ... [Published Mining Business Media - Aug 27 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Iluka Resources Limited

More Mining Company reports by Dion Global Solutions Newcrest Mining Limited by Dion Global SolutionsNewcrest Mining LimitedThis crisp company profile details company overview and business segments, key facts and figures, key management and board composition, ... [Published MarketResearch.com - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Beijing-linked fund trimmed investments in resource stocks

SHANGHAI -- Sovereign wealth fund China Investment Corp. last year pared back its allocation to resource- and energy-related stocks to the lowest percentage since 2010, likely due to weak resource prices.The Chinese government set up CIC in 2007 to diversify ... [Published Nikkei Asian Review - Aug 26 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 2 reports

BUMI RESOURCES Bonds Gain After US375 Million Debt Restructuring

JibiphotoSINGAPOREPT-- Bumi Resources’ bonds climbed the most in two weeks after holders of its US$375 million of convertible debt approved a restructuring in a near-unanimous vote.The Indonesian coal mining company will issue 6 percent notes due April ... [Published Bisnis Indonesia - Aug 25 2014]
First reported Aug 13 2014 - Updated Aug 13 2014 - 2 reports

PT Bumi Resources Rating Lowered To #SD# On Missed Principal #CCC-# Rating On Bond Placed On

SINGAPORE--13 Aug--Standard & Poor's-Bumi did not repay the principal on its US$375 million convertible bonds,which matured on Aug. 5, 2014. The principal is unpaid even after afive-day grace period that ended on Aug. 12, 2 ... [Published Newswit.com - Aug 13 2014]
First reported Aug 12 2014 - Updated Aug 13 2014 - 3 reports

PT Bumi gets approval from bondholders to change debt terms

Heavily indebted PT Bumi Resources Tbk, Indonesia's biggest coal producer, said it has secured approval from a group of bondholders to change the terms of its US$375 million (RM1.1. billion) bonds as the firm struggles with sliding shares and falling ... [Published The Malaysian Insider :: Business - Aug 13 2014]

Quotes

1. Please give us any references and or legal documents which could support what the Company stated that " … as part of the vote, it will waive any potential defaults and therefore there are no consequences of the delay until August 22nd Item (ii) on page 54 of the Consent Solicitation Memorandum which sets forth the text of the of the Extraordinary Resolution which will be voted on by holders at the meeting on"
"The unsecured US$375 million convertible bonds maturing in August 2014 would be replaced by CB's and secured pari passu in the pool of intercreditor debt" said Director & Corporate Secretary of BUMI Dileep Srivastava on August 22, 2014
"We chose public companies versus private companies in that the data was publicly available and thus financial performance was easier to track" Tillman says

More Content

All (72) | News (61) | Reports (0) | Blogs (10) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Benakat Intergra’s 1st-Half Profit Rises on Hig... [Published Jakarta Globe - Aug 30 2014]
Stricter Oversight on Mining Sector Being Pledged [Published Jakarta Globe - Aug 29 2014]
Indonesia Bourse Draws Soft Open On Friday [Published RTTNews.com - Aug 29 2014]
Explanation of PT Bumi Resources Tbk on CB | da... [Published Noodls - Aug 28 2014]
Explanation of PT Bumi Resources Tbk on CB | da... [Published Noodls - Aug 28 2014]
You are footing the bill for coal companies; so... [Published Greenpeace USA - Aug 28 2014]
You are footing the bill for coal companies; so... [Published Greenpeace news - Aug 28 2014]
You are footing the bill for coal companies; so... [Published The Greenpeace weblog - Aug 28 2014]
Indonesia Stocks Likely Rangebound On Thursday [Published RTTNews.com - Aug 28 2014]
Indonesia may revoke contracts of 17 coal miners [Published Brunei Times - Aug 28 2014]
Indonesia may revoke contracts of 17 coal miner... [Published Hellenic Shipping News Worldwide - Aug 27 2014]
INDONESIA: ROYALTIES ROW THREAT TO MINING CONTR... [Published Mining Business Media - Aug 27 2014]
Iluka Resources Limited [Published MarketResearch.com - Aug 27 2014]
SE Asia Stocks - Most higher amid inflows; Indo... [Published Reuters UK - Aug 27 2014]
Indonesia may revoke contracts of 17 coal miner... [Published The Malaysian Insider :: Business - Aug 27 2014]
Indonesia may revoke contracts of 17 coal miner... [Published The Malaysian Insider - Aug 27 2014]
Beijing-linked fund trimmed investments in reso... [Published Nikkei Asian Review - Aug 26 2014]
Stocks Falter on Lack of Fresh Incentives [Published Jakarta Globe - Aug 25 2014]
BUMI RESOURCES Bonds Gain After US375 Million D... [Published Bisnis Indonesia - Aug 25 2014]
Bumi Resources Bonds Gain After $375 Million De... [Published Bloomberg - Aug 25 2014]
BUMI Extends Maturing-Date of US375 million Con... [Published Bisnis Indonesia - Aug 24 2014]
Bumi wins support for debt restructuring [Published New Straits Times - Aug 22 2014]
Strategy changes boost sovereign wealth fund [Published CHINAdaily - Aug 22 2014]
Greenpeace reveals rights abuse, environment co... [Published Namibia Press Agency - Aug 21 2014]
Greenpeace reveals rights abuse, environment co... [Published Individual.com - Aug 21 2014]
Asia Pacific firms' high-yield corporates defau... [Published Asian Banking and Finance - Aug 21 2014]
Jakarta Stocks May See Resistance At 5,200 [Published RTTNews.com - Aug 21 2014]
Gains May Accelerate For Indonesia Shares [Published RTTNews.com - Aug 20 2014]
High-yield issuers must pay up as risks increase [Published Finance Asia - Aug 19 2014]
This Asian Nation's Stocks Are Up Over 20% YTD [Published Investopedia - Aug 13 2014]
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sort by: Date | Relevance
You are footing the bill for coal companies; so... [Published Greenpeace news - Aug 28 2014]
You know that person who is always asking friends or family to help him pay his bills? You know the type, the guy who never seems to have his wallet, and always seems to forget to forget to pay you back? Coal companies like Bumi Resources in ...
You are footing the bill for coal companies; so... [Published The Greenpeace weblog - Aug 28 2014]
You know that person who is always asking friends or family to help him pay his bills? You know the type, the guy who never seems to have his wallet, and always seems to forget to forget to pay you back? Coal companies like Bumi Resources in ...
Indonesia may revoke contracts of 17 coal miner... [Published The Malaysian Insider - Aug 27 2014]
Indonesia may terminate the contracts of 17 coal miners that have not paid royalties, including PT Arutmin Indonesia, a unit of PT Bumi Resources Tbk, the director general for coal and minerals said today."If they haven't paid, we will terminate," Sukhyar ...
PT Bumi gets approval from bondholders to chang... [Published The Malaysian Insider - Aug 13 2014]
Heavily indebted PT Bumi Resources Tbk, Indonesia's biggest coal producer, said it has secured approval from a group of bondholders to change the terms of its US$375 million (RM1.1. billion) bonds as the firm struggles with sliding shares and falling ...
The Greatest Disconnect. [Published London Irvine Report - Jun 20 2014]
br />!--[if gte mso 9]>Normal 0 falsefalse false falseEN-GB X-NONE X-NONE<![endif]-->!--[if gte mso 10]> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; ...
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