May 02, 2016 8:22 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Samtan Co., Ltd.

Company Overview

SAMTAN Co., Ltd. engages in the exploration, production, transportation, and shipping of mineral resources in South Korea and internationally. It operates the Pasir coal mine covering approximately an area of 50,400 hectares located in Kalimantan Island, Indonesia. The company exports its coal products to approximately 16 countries, including Japan, China, Taiwan, India, Malaysia, Thailand, and New Zealand. It also engages in the crude palm oil plantation operations covering an area of approximately 40,000 hectares located in Bangka, southern Sumatra Island, Indonesia; and operation of an independent thermal coal power plant with an electricity generation capacity of approximately 660 megawa...

Samtan Building, 421

Youngdongdae-ro

Gangnam-gu

Seoul,  135-735

South Korea

Founded in 1962

Phone:

82 2 527 6100

Fax:

82 2 527 6222

Key Executives for Samtan Co., Ltd.

Vice Chairman and Chief Executive Officer
Compensation as of Fiscal Year 2015.

Samtan Co., Ltd. Key Developments

Bidders Form Alliances For Tong Yang Power

The potential suitors for Tong Yang Power Inc. have started forming alliances to strengthen their bargaining power in the main bidding to be scheduled on June 2, 2014. SK Holdings Co, Ltd. would join hands with Daewoo Engineering & Construction Co., Ltd. (KOSE:A047040) while Samtan Co., Ltd. is clubbing with Daelim Industrial Co., Ltd. (KOSE:A000210). Instead of bidding for the deal, Daelim Industrial Co., Ltd. has decided to give full support to Samtan Co., Ltd. Meanwhile, Doosan Heavy Industries & Construction Co. Ltd. (KOSE:A034020) and POSCO ENERGY Co., Ltd. are likely to go on their own.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 6, 2015
Cirebon Energy Holdings Co., Ltd.
Merger/Acquisition
October 7, 2015
Cirebon Energy Holdings Co., Ltd.
Private Placement
September 17, 2015
Cirebon Energy Holdings Co., Ltd.
 

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