Kailuan Energy Chemical Co Ltd:To set up a wholly owned subsidiary with registered capital of 10 million yuan in Tangshan.The subsidiary to be engaged in research, development, production and sale of chemical raw materials, fine chemical intermediates and products.
PT Dian Swastatika Sentosa Tbk:Establishes a new subsidiary, PT Serpong Mas Telematika, on Sept. 11 with issued and paid up capital of 2.5 bln rupiah at 100,000 rupiah each.PT Eka Mas Republik, company's indirect subsidiary, owns 12,625 shares of PT Serpong Mas Telematika and PT Serpong Mas Media owns the remaining 12,375 shares.
Wintime Energy Co Ltd:Says establishment of a wholly owned subsidiary in Shanghai, which will be mainly engaged in asset management business, with a registered capital of 1,000 mln yuan.Says establishment of another wholly owned subsidiary in Shenzhen, which will be mainly engaged in logistics business, with a registered capital of 1,000 mln yuan.
CCS Supply Chain Management Co Ltd:Completed the establishment of a Shanghai-based wholly owned subsidiary, which is mainly engaged in storage and packaging service.The subsidiary is capitalized at 15 million yuan.
Sundiro Holding Co Ltd:Its Shanghai-based investment subsidiary to set up a wholly owned subsidiary in Shanghai.New subsidiary to be engaged in investment business, with registered capital of 30 mln yuan.
PT Indika Energy Tbk:Withdraws from a mega power plant project that was initially estimated to cost about $1.4 bln due to financial difficulties-The Jakarta Post.Previously, company planned to work on 1,000MW power plant in Cirebon, West Java, through a consortium that includes Marubeni Corporation, Korea Midland Power and Santan Corporation.
PT Golden Energy Mines Tbk:Says it has established a new company, Shanghai Jingguang Energy Co. Ltd. (SJE), in Shanghai, China.SJE will be engaged in coal business and is fully owned by the company.
PT Golden Energy Mines Tbk:Says it has established a new subsidiary, PT GEMS Energy, on March 19 with an authorized capital of 8 bln rupiah.Company owns 99 pct of stake in the new subsidiary and PT Roundhill Capital Indonesia owns the remaining 1 pct.
PT Tambang Batubara Bukit Asam (Persero) Tbk:Sets to build new mine-mouth power plants to support government's plan of developing electricity projects-The Jakarta Post.Company will develop up to 4,400 megawatts mine-mouth power plants near its mining site in Sumatra.
PT Atlas Resources Tbk:Says it has incorporated a subsidiary, PT Sriwijaya Muba Logistik, on Dec. 24 to engage in trading and transportation.Company holds 99.6 pct of stake in the new subsidiary and PT Optima Persada Energi holds the remaining 0.49 pct.