Shares of SGX-listed company Geo Energy Resources Ltd, which operates coal mines in Indonesia, ended lower by nearly 2% Tuesday (Dec 26) despite announcement of higher coal offtake volume by Engelhart CTP (Singapore) Pte Ltd next year. According to the Company, trading firm Engelhart will absorb 7.5 million tons of thermal coal from PT Sungai Danau Jaya (SDJ), subsidiary of Geo Energy, next year.To subscribe please click here