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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bumi | LSE:BUMI | London | Ordinary Share | GB00B5BLXT62 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 235.00 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jan 2020 to Jan 2025
By Rhiannon Hoyle
SYDNEY--Leighton Holdings Ltd. (LEI.AU) said Friday its Thiess subsidiary had suspended operations at Indonesia's Senakin and Satui coal mines in a dispute over payments with joint venture owners Bumi Resources (BUMI.JK) and Tata Steel Ltd. (500470.BY).
Sydney-based Leighton said Thiess stopped work at the site on April 26 as it pursued "the payment of net project receivables, or underclaims, to which Leighton has a contractual entitlement." The group said in a stock exchange filing that it was confident the dispute would be resolved and work would restart at the mines, without providing a timeline.
The company added it shouldn't affect annual earnings, forecast between 520 million Australian dollars (US$502 million) and A$600 million. The Senakin and Satui mines accounted for 1.5% of total group revenue in 2012.
The company's statement followed a fall in its shares of as much as 7% early Friday. The stock has pared some of its losses, trading down 4.6% at A$17.65 a share at 0541 GMT.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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