Bayan Resources shareholders sell 10.08 bln shares to Jhonlin Baratama for $1.46 bln
Indonesian coal miner Bayan Resources said its biggest shareholders Low Tuck Kwong and Elaine Low increased the size of a share sale to Jhonlin Baratama to 10.08 billion shares from 10 billion. The transaction, valued at 26.1 trillion rupiah ($1.46 billion), saw shares change hands early on Wednesday at 2,588 rupiah pe