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.
|Institution||Loan Date||Total Loan Amount (USD Millions)||Institution’s Portion of the Loan (Est.)||Total Lending by Institution (USD Millions)|
|Standard Chartered Bank||22/04/2010||300||42||352.5|
|Sumitomo Mitsui Banking Corporation||22/04/2010||300||42||260|
|Mizuho Financial Group||22/04/2010||300||42||42|
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.