The board of Asia Resource Minerals Plc, which controls majority shares of PT Berau Coal Energy (BRAU) Tbk, continues to promote Nathaniel Rothschild’s proposal for a US$100 million rights issue, arguing of limited cash to make a principal repayment of US$450 million Notes in July. FYI, Standard & Poor’s Rating Services granted B+ rating for the Notes in July 2010.To subscribe please click here
