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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.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-09/indonesian-tycoon-haji-isam-lobs-low-ball-bid-for-miner-bayan

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