Tag: Bayan

  • Bank Mega Lends Bayan Resources $125 Million to Support Operational Needs

    Bank Mega Lends Bayan Resources $125 Million to Support Operational Needs

    JAKARTA, MATA SULSEL – The giant mining PT Bayan Resources Tbk (BYAN), a major coal mining company owned by conglomerate Low Tuck Kwong, has secured a credit facility amounting to $125 million (around IDR 2 trillion) from Bank Mega. This loan will be used for the company’s working capital and operational activities. The loan agreement…