Bayan Resources

2 articles

Indonesian Tycoon Haji Isam Lobs Low-Ball Bid for Miner Bayan

Indonesian tycoon Haji Isam has made a low-ball offer of $3 billion for a controlling stake in coal miner Bayan Resources, valued at roughly 80% below market price. Talks are ongoing despite regulator

bloomberg · 2026-09-08 21:16

Owner of Indonesian Coal Mining Giant Bayan in Talks Over Sale

Owner Low Tuck Kwong is negotiating to sell a majority stake in Indonesian coal miner Bayan Resources to a rival-led consortium. The potential $28 billion deal comes amid industry turmoil and regulato

bloomberg · 2026-08-25 19:55