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Last €0.15 EUR
Change Today -0.002 / -1.29%
Volume 0.0
B5M On Other Exchanges
As of 1:21 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

asia resource minerals plc (B5M) Snapshot

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52 Week High
06/30/14 - €2.06
52 Week Low
12/29/14 - €0.05
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Current Stock Chart for ASIA RESOURCE MINERALS PLC (B5M)

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asia resource minerals plc (B5M) Details

Asia Resource Minerals plc, through its subsidiaries, explores for, mines, and processes thermal coal, as well as explores for and develops mineral mining concessions in Indonesia. It has three principal open cut coal mining operations, including Lati, Binungan, and Sambarata that are located in an 118,400 hectare concession area in East Kalimantan. The company supplies coal to utility companies, coal trading companies, and power plants in Mainland China, Indonesia, Hong Kong, India, South Korea, Taiwan, and rest of Asia. The company was formerly known as Bumi plc and changed its name to Asia Resource Minerals plc in December 2013. Asia Resource Minerals plc was incorporated in 2010 and is based in London, the United Kingdom.

1,352 Employees
Last Reported Date: 04/11/14
Founded in 2010

asia resource minerals plc (B5M) Top Compensated Officers

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Executives, Board Directors

asia resource minerals plc (B5M) Key Developments

Asia Resource Minerals plc Announces Executive Changes

Asia Resource Minerals plc announced that the Mr. Amir Sambodo agreed to step down as CEO of ARMS and as President Director of PT Berau Coal Energy Tbk and of PT Berau Coal with immediate effect. Mr. Sambodo has agreed to remain available for consultation by the company until May 2016. The Board of ARMS announced that Hamish Tyrwhitt has agreed to be appointed CEO, and as CEO-designate of companies in Indonesia.

ARMS Reaches Agreement of Restructuring of the 12.5% Guaranteed Senior Secured Notes Due 2015

ARMS announced that it has reached in principle agreement with the following parties regarding the terms of a restructuring of the 12.5% Guaranteed Senior Secured Notes due 2015 issued by Berau Capital Resources Pte Ltd. and the 7.25% Guaranteed Senior Secured Notes due 2017 issued by PT Berau Coal Energy Tbk. Certain persons holding approximately 23.7% of the outstanding principal amount of the Notes; and NR Holdings Limited and its advisors. The Steering Committee was constituted from an informal working group of persons holding approximately 50.6% of the outstanding principal amount of the Notes. The Proposed Notes Exchange, together with the proposed raising of gross proceeds of USD 100 million by the issue of new equity at a price of Pound 0.25 per share by ARMS by means of an open offer underwritten by NRH as previously announced on February 9, 2015, constitute a comprehensive recapitalization which would create a more stable capital structure for the benefit of all stakeholders.

Asia Resource Minerals plc Appoints Wallace King AO as Chairman of the Board

Asia Resource Minerals plc announced the appointment of Dr. Wallace King AO as Chairman of the Board, on a permanent basis, with immediate effect.


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