JAKARTA, Jakartaweekly.com—Bank Mandiri has confirmed that it provided a loan facility to PT Johnlin Baratama, secured by fixed and non-fixed assets, including shares in JARR and PGUN. PT Johnlin Agro Raya Tbk (JARR) and PT Pradiksi Gunatama Tbk (PGUN) are affiliated of PT Johnlin Baratama. Bank Mandiri Senior Vice President Adhika Vista explained in a […]
JAKARTA, Jakartaweekly.com–Analyst sees Johnlin-Bayan deal could support Bayan’s production capacity. PT Bayan Resources Tbk (BYAN) announced last week, on September 17, 2026, that Low Tuck Kwong and Elaine Low had signed a share sale and purchase agreement with PT Jhonlin Baratama as the buyer. Under the Conditional Share Purchase Agreement (CSPA), Haji Isam-owned Jhonlin Baratama […]
JAKARTA, Jakartaweekly.com—PT Jhonlin Baratama’s plan to acquire around a 30% stake in PT Bayan Resources Tbk (BYAN) could potentially strengthen vertical synergies in the mining and energy sectors. Mirae Asset Sekuritas Senior Market Analyst Nafan Aji Gusta said the potential strengthening of synergies could stem from Jhonlin’s experience in mining contracting, mining services and equipment. […]
JAKARTA, Jakartaweekly.com–PT Jhonlin Baratama, has officially become a shareholder of PT Bayan Resources Tbk (BYAN) after Low Tuck Kwong and Elaine Low signed a Conditional Sale and Purchase of Shares Agreement with Jhonlin Baratama on September 16, 2026. Under the agreement, Jhonlin Baratama will acquire 10,000,000,500 ordinary shares in Bayan Resources. Following the completion of […]
