Corporate Actions to Watch

Coal miner Adaro Energy (ADRO) plans to build power plant with a capacity of 5000 megawatts (MW) in Southeast Asia within the next five years with investment cost of US$10 billion. It is now seeking partners. Garibaldi Thohir, ADRO’s president director, on Monday visited the Electricity Generating Authority of Thailand International Co Ltd (EGAT) and offered the partnership.

Read More