World & BusinessBayan Resources reportedly gets additional coal quota after Haji Isam buys stake
The Jakarta Post says Bayan notified customers of force majeure on September 11, before the stake purchase, after approval for its revised coal production quota had not been issued.
TLDR
The government granted Bayan Resources an additional coal quota after Haji Isam bought a stake, The Jakarta Post reports. Before the acquisition, Bayan had notified customers of force majeure on September 11, when approval for its revised coal production quota had not yet been issued.
Bayan Resources reportedly gets additional coal quota after Haji Isam buys stake
The Jakarta Post says Bayan notified customers of force majeure on September 11, before the stake purchase, after approval for its revised coal production quota had not been issued.
TLDR
The government granted Bayan Resources an additional coal quota after Haji Isam bought a stake, The Jakarta Post reports. Before the acquisition, Bayan had notified customers of force majeure on September 11, when approval for its revised coal production quota had not yet been issued.
