“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Tuesday, March 11, 2008

Adaro plans IPO in Q4

The Jakarta Post | Tue, 03/11/2008 1:37 AM

Indonesia's second largest coal producer, PT Adaro Indonesia, is planning to unload some of its stake to the public through an initial public offering in the fourth quarter of this year in a bid to help fuel its expansion.

"We hope to be able to go public in September or during the fourth quarter of this year. Our target is to raise some US$500 million," said Sandiaga Uno, who with tycoon Edwin Soeryadjaya and other investors control Adaro through private equity firm Saratoga Investama Sedaya.

Saratoga controls around 33 percent of Adaro, which produces around 25 million tons of coal annually.

Sandiaga said Adaro would probably sell between 20 and 30 percent of its stake, with Goldman Sachs, DBS Vickers and UBS AG Securities underwriting the sales.

He said around $200 million of the IPO's proceeds would be used to refinance the company's debts, and the remaining $300 million would be set aside to purchase four coal mines and to construct a power plant.

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