Haji Isam Swoops on Bayan to Create an Indonesian Coal Giant

Indonesian tycoon Andi Syamsuddin Arsyad agreed to acquire a major stake in miner PT Bayan Resources, setting the stage for him to become one of the biggest figures in the...

By Eddie Spence · Bloomberg

Indonesian tycoon Andi Syamsuddin Arsyad agreed to acquire a major stake in miner PT Bayan Resources, setting the stage for him to become one of the biggest figures in the global thermal coal industry.