Jun 26, 2011

Atlas Resources & IPO underwriters

Coking and thermal coal miner PT Atlas Energi Resources is soon to enter Indonesia stock market. It has mandated two lead underwriters, famed foreign and local houses. 
Atlas Resources currently manages operation and explorations in several coal mine locations in East Kalimantan, South Sumatra and Papua. The company is scouting coal output of 2 million tons-2.3 million tons by end of this year. Who the underwriters? A former executive from the state-controlled coal company has joined Atlas Resources. Who is he?  

Disclosure: No position at the stock mentioned above.


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