IN BRIEF
Banpu to list unit on Jakarta stock market
Banpu expects to generate up to US$300 million (Bt10.4 billion) by listing its 95 per cent-owned PT Indo Tambangraya Megah on the Jakarta Stock Exchange in the second half of the year, the company said in a statement yesterday.
Sales from Banpu's Indonesian unit alone account for some 90 per cent of its revenue and the initial public offering is part of Banpu's efforts to boost its coal-mining businesses in Indonesia, it said. PT Indo Tambangraya Megah runs five coalmines in Indonesia. - The Nation.
DHL lands awards DHL bagged six awards at the 2007 Asian Freight & Supply Chain Awards. They were for Best Express Operator, Best Lead Logistics Provider, Best 3PL, Best Air Freight Forwarder, Best Project Cargo Forwarder and Best Sea Freight Forwarder. "Receiving a total of six awards at the ceremony in Macau on April 25 reflects the company's dominance as the only logistics provider that is able to offer integrated supply-chain solutions across the entire express and logistics industry range from a single contact point," Peter Landsiedel, CEO of DHL Global Forwarding Asia-Pacific, said yesterday. "Being the only logistics company to have won the Best Express Operator Award is a huge accomplishment for us at DHL," added Scott Price, CEO of DHL Express Asia-Pacific. - The Nation.
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