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Acquiring Company
PT Jhonlin Baratama
Acquired Company
PT Bayan Resources
IndonesiaIndonesiaMiningMineralMiningDescription
Low Tuck Kwong has agreed to sell a 30% stake in PT Bayan Resources to PT Jhonlin Baratama. This acquisition comes after Bayan lifted a force majeure on its coal supply obligations. The deal positions Haji Isam to potentially become a significant player in the global coal industry.
Fundz sees it the moment PT Jhonlin Baratama makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired PT Bayan Resources?
PT Bayan Resources was acquired by PT Jhonlin Baratama, based in Indonesia. The deal was reported on September 25, 2026. PT Jhonlin Baratama is a company controlled by Indonesian tycoon Haji Isam Andi Syamsuddin Arsyad. It is a major thermal coal producer in Indonesia. PT Jhonlin Baratama is privately held and operates in Mining.
When did PT Jhonlin Baratama acquire PT Bayan Resources?
PT Jhonlin Baratama's acquisition of PT Bayan Resources was reported on September 25, 2026. Low Tuck Kwong has agreed to sell a 30% stake in PT Bayan Resources to PT Jhonlin Baratama. This acquisition comes after Bayan lifted a force majeure on its coal supply obligations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PT Bayan Resources do?
PT Bayan Resources is one of Indonesia's leading coal mining companies. It has been noted for its sustainable practices and significant market presence. The company has shown a stable financial performance, appealing to investors for potential growth. It is privately held, operating in Mining, and is based in Indonesia.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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