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In April 2011, Vallar plc was renamed Bumi plc. [5] In September 2012 the company announced that it was looking into possible financial irregularities at its Indonesian arms resulting in a 14% fall in its share price. [6] Its much-delayed financial results for 2012 showed a $200m black hole. [7]
PT Bumi Resources Tbk is one of the largest mining companies in Indonesia and is structured as a holding company. [3] In the 2012 Forbes Global 2000 , Bumi Resources was ranked as the 1898th-largest public company in the world. [ 4 ]
On October 31, 2008, TPG completed the purchase of a 35% interest in P.T. Bumi Resources, from its previous owner Bakrie & Brothers, Indonesia, for $1.3 billion. [32] In June 2009, Republic Airways Holdings Inc., a provider of regional flights for larger carriers, agreed to buy Midwest Airlines from TPG Capital. [33]
In 2021 DW News and 2023 The Guardian reported, major shareholders in the company as the Indonesian company Bumi Resources Minerals [7] and China Non-Ferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd., [4] which is a subdivision the Government of China owned China Nonferrous Metal Mining Group.
In the United States, a more-detailed version of the report, called a Form 10-K, is submitted to the U.S. Securities and Exchange Commission. [2] A publicly held company may also issue a much more limited version of an annual report, which is known as a "wrap report." A wrap report is a Form 10-K with an annual report cover wrapped around it. [3]
Palm oil division: In April 2012, the Harita Group listed its palm oil division, Bumitama Agri, on the Singapore Exchange.Since then, the company has won numerous awards, including Forbes' Best Under A Billion award, Asiamoney's Best Corporate Governance Award, Best Corporate Social Responsibility Award, Best For Disclosure and Transparency Award, Most Outstanding Company in Singapore and Best ...
File:Annual report - National Center for Research Resources (IA annualreportnati19922nati).pdf
Bumi Resource (BUMI) and its subsidiaries PT. Bumi Resource Minerals (BMRS), PT. Arutmin Indonesia, PT. Kaltim Prima Coal, PT. Pendopo Energi Batubara, and PT. Fajar Bumi Sakti. [18] In May 2020, Bakrie Capital Indonesia signed an agreement with Air Products (APD) to build a $2 billion coal-to-methanol manufacturing facility in East Kalimantan ...