Samin tan biography
- Revisiting Samin Tan's BORN.
- In December 2013 the company changed its name to Asia Resource Minerals; at the same time Samin Tan paid $223 million to purchase the Bakrie family's 23.8%.
- JAKARTA—The head of PT Borneo Lumbung Energi & Metal, one of the biggest shareholders in mining company Bumi PLC, hopes to restructure the.
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Mega mining company Bumi gets hacked by someone posing as a Wikipedia researcher
Samin Tan, chairman of Bumi, one of the world’s largest mining companies, has fallen for one of the world’s oldest tricks in the book, reports the London Times (paywall). A thief compliments your taste in suits while stealing your wallet. In this case, it was Tan’s vanity that was flattered and confidential corporate documents that were snatched.
Last July, Tan got emails from a guy named “Steve” who said he worked for Wikipedia and wanted to write an article about the chairman. Steve asked Tan to click on links to articles about him, which looked like Wikipedia articles. Tan was then redirected to webpages where investigators now believe his laptop was hacked. Other staff accounts may also have been broken into.
The company first became aware there was a problem when documents from Tan’s laptop were sent via email to a Bumi board member from an unnamed “whistleblower,” alleging financial irregularities at Bumi Resources. Bumi Resources is an Indonesian coal mining company 29% owned by Bumi. Docume
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Notes of the Bumi AGM, 14 June 2012, Institute of Directors, Pall Mall, London
The meeting began at 11 am.
Chairman Samin Tan said that it was the Board’s duty to set the strategy for the company. Its vision is to become the main UK-listed coal producer and exporter. It wants to reduce debt in the Bumi group and to simplify the group’s structure. Health and safety, environmental impacts and community affairs are all vital. The company needs to safeguard the health of its workers and engage with communities to enhance its social value. The Indonesian Government says it has no plans to impose an export tax on Bumi’s coal: all Bumi’s coal falls under first generation licences, the terms of which cannot be changed. There is a growing demand for coal from Indonesia, India, China and Japan.
Roger Moody of Nostromo Research raised a point of order about voting, pointing to discrepancies in the company’s Annual Report about its relationship with Bakrie Longhaul Holdings. He pointed out that Bumi’s former chairman, Indra Bakrie, told shareholders on page 7 of the 2011 Annual Repor
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Anjar Priandoyo
Samin Tan is a businessman famous for one of the richest (rank 30 in 2011) in Indonesia in 2011 after buying Bumi Resources.
Part 1: AKT Cooking Coal Mining
I read the news that Samin Tan is related with Eni Saragih case. The bribe amount is 0.5 million USD, to help PT AKT (Asmin Koalindo Tuhup). AKT is belong to PT Borneo Lumbung Energy & Metal Tbk (BORN) ref. AKT bisnis is cooking coal which is more expensive ref.
Timeline:
- 2016 AKT used as collateral
- 11 April 2016 SCB Kasasi
- 14 Sept 2016 MA reject SCB Kasasi ref
- Sept 2016, Mar 2017, complaint from ESDM
- 19 Oct 2017 PKP2B license is revoked by ESDM. The mistake is using AKT as loan collateral of – BLE [Borneo Lumbung Energy & Metal] for Standard Chartered without approval from ESDM.
- 18 April 2018 GOI potential loss Rp 868M ref
- Jun 2018, Samin Tan met Eni Saragih
- 13 Jul 2018, KPK arrest
Part 2: PLTU Riau 1
Blakckgold Natural Resources Limited dalam proyek PLTU Riau 1 ref, ref.
Timeline:
- 1 Oct 2015, Kotjo apply no response from PLN IPP RIau fee 2.5% from China Investors CHEC Lt
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