Bayan Resources (or Bayan Group), an Indonesian-domiciled company, is engaged in mining in East and South Kalimatan, Indonesia. It has “exclusive rights to mine under five Coal Contracts of Works (CCOWs) and three Kuasa Pertambangan’s (KPs) awarded by the Government of Indonesia (sic).” This covers a concession area of approximately 812.65 square kilometres.

In 2015, Bayan sold 8.9 million tonnes of coal.

In addition, Bayan operates the Balikpapan coal terminal, Indonesia’s largest coal terminal, which has the capacity to export 15 million tonnes of coal per annum. It also operates a floating transfer station for coal transfer.

https://upload.wikimedia.org/wikipedia/commons/thumb/6/60/Coal_Mine.jpg/320px-Coal_Mine.jpg

Credit: Photo by Peabody Energy CC BY 3.0

Loans

Institution Loan Date Total Loan Amount (USD Millions) Institution’s Portion of the Loan (Est.) Total Lending by Institution (USD Millions)
ANZ 22/04/2010 300 42 447.5
10/04/2008 300 100
10/04/2012 750 118
29/08/2008 35 35
31/03/2013 40 40
24/08/2010 20 20
31/05/2011 185 92.5
Standard Chartered Bank 22/04/2010 300 42 352.5
10/04/2008 300 100
10/04/2012 750 118
31/05/2011 185 92.5
Sumitomo Mitsui Banking Corporation 22/04/2010 300 42 260
10/04/2008 300 100
10/04/2012 750 118
Natixis 22/04/2010 300 42 122
10/04/2012 750 80
HSBC 10/04/2012 750 118 118
Bank Mandiri 10/04/2012 750 118 118
JPMorgan Chase 10/04/2012 750 80 80
Bank Permata 22/04/2010 300 42 42
BNP Paribas 22/04/2010 300 42 42
Mizuho Financial Group 22/04/2010 300 42 42

Structure of Bayan Resources

Bayan Group Shareholders

Investor Ownership (%) Filing Date
1. Low (Tuck Kwong) 51.59 31 Dec 2016
2. Korea Electric Power Corp 20.00 31 Dec 2016
3. Enel Investment Holding BV 10.00 31 Dec 2016
4. Wibowo (Engki) 5.96 31 Dec 2016
5. Quantero (Jenny) 2.98 31 Dec 2016
6. Lim (Chai Hock) 2.67 31 Dec 2016
7. Chin (Wai Fong) 1.60 31 Dec 2016
8. Low (Yi Ngo) 0.17 31 Dec 2016
9. Dimensional Fund Advisors, L.P. 0.04 31 Jan 2017
10. Sumarijanto (Michael) 0.02 31 Dec 2016

PLEASE NOTE: Information comes from the companies’ available annual reports (2009 to 2016) and websites, as well as other public and subscription-based information sources.

Occasionally, where information is incomplete, assumptions must be made about data and these were made in a consistent manner and in good faith. While we endeavoured to gather and include all relevant deals, we cannot guarantee the completeness of the information presented.

Information Updated: 12 May 2017