Bloomberg
Indonesian Tycoon Haji Isam Lobs Low-Ball Bid for Miner Bayan
Wednesday, September 9, 2026
PT Bayan Resources received a bid from Indonesian businessman Andi Syamsuddin Arsyad. The bid values the coal miner below its current market price, according to a report on the matter. PT Bayan Resources is one of Indonesia's largest coal producers.
