Vallar Investments UK Limited, a London-based company, is bidding for 9.743% stake in Indonesian company PT Berau Coal Energy Tbk. About 3,400,000,500 shares of Berau’s total placed and paid-in capital are put for a tender offer at IDR540 per ordinary share, the company said in its propectus.
See http://www.bisnis.com/corporate/23278-vallar-bids-for-974-stake-in-berau-coal.