Indonesian coal mining Company

Shampe, a journalist at the "financial Network", has ushered in a new investment in China's sovereign wealth fund China Investment Corporation (CIC), which is the United Singapore sovereign wealth fund Singapore Government Investment Corporation (Government of Investment Singapore Corp.) And the US private equity firm, TPG Capital, shares a stake in the Indonesian coal mining services company PT Delta Dunia Makmur Tbk. (hereinafter called Delta Dunia), gaining a 40% per cent stake.　　According to foreign reports, the turnover of about 400 million U.S. dollars. In an open letter to shareholders released December 23, Delta Dunia announced the news: an investment consortium of investment firms, linked by CIC, Tak-tai and Singapore's government Investment Corporation, has completed a Northstar Tambang to the original shareholder of Delta Dunia Persada LTD. (NTP) The acquisition of all non-voting shares.　　NTP holds a 40% stake in Delta Duna. The open letter does not provide financial details about the respective contributions and ratios of the three-led consortium.　　According to foreign reports, in order to open market value estimates, the total amount of the deal is about 400 million U.S. dollars.　　From the investment layout of the company, this is the second time after investing in Canada's Southern Gobi Energy Co., Ltd., the world coal mining industry. Indonesia has overtaken Australia in 2005 years to become the world's largest exporter of coal for power plants, according to a Morgan Stanley report. Prices have risen 40% per cent this year as Indonesia's domestic demand for coal has soared, with the government restricting coal exports in 2010.　　Delta Dunia, headquartered in the Indonesian capital Jakarta, has a wholly owned Indonesian second-largest coal miner, pt Bukit Makmur Mandiri Utama. According to the December 18 information disclosed by the Indonesian exchange, Widjaya and GIC bought a partial stake in the NTP from the Indonesian family-owned company. The stake also includes a 40% per cent Delta Dunia stake in CIC's subsequent involvement.　　Since then, Delta Dunia announced that the investment consortium, which is a group of affiliated/designated investment companies of the GIC and the government Investment Corporation of Singapore, has completed its acquisition of all non-voting shares of NTP. October 26, 2009, CIC's wholly-owned subsidiary Fobro Investment Co., Ltd. invested 500 million U.S. dollars in the 30-year senior secured convertible to Canada's southern Gobi energy company.　　The company is a coal mining and exploration company listed on the Canadian Gem, with its main assets in Mongolia. (Stock market Weekly feeds)