Latest news with #EastKalimantan
Daily Mail
10-07-2025
- Daily Mail
Horrifying moment crocodile carries teen's body away in its jaws after attack
Shocking footage has captured the moment a crocodile carries away a schoolboy's body in its jaws after attacking him while he fished on a riverbank in Indonesia. Muhammad Nur Akbar, 15, was with his friends at the Santan Ulu River in East Kalimantan when the beast snatched him. Despite warnings from his classmates, Muhammad dipped his feet to wash in the murky brown waters, only for a crocodile to surge forward and sink its large jaws into his thigh. The teenager screamed for help as his friends raced over and grabbed his shirt in a desperate tug-of-war with the predator reptile. However, they were overpowered, with the beast dragging Muhammad away into the depths. Rescue teams were notified of the deadly attack. They arrived at the scene, where they found the beast still holding the boy's motionless corpse. Gruesome footage shows the reptile clutching the lifeless teen as it glides upstream near the river's edge. Fida Hurasani, head of the Kutai Kartanegara Regency Fire and Rescue Department, said: 'The incident occurred during the day. 'Residents immediately reported it to officers, including the police, and a search was launched immediately. 'During the evacuation process, the crocodile was shot to release the boy's leg. We managed to bring the body to the surface shortly afterwards.' Authorities said Muhammad's body was successfully collected at 11:50pm local time. His condition was described as 'horrific', with severe injuries to his right leg and thigh. His remains were handed over to his family for burial. Violent end: The teen suffered horrific injuries to his legs as he was pulled under the water Village head Heri Budianto said the last deadly crocodile attack in the area occurred in 2015. Local authorities have banned residents from fishing in the river to prevent further casualties. The Indonesian archipelago is home to 14 types of crocs, with a large population of extremely large and violent estuarine crocodiles that flourish in the region's climate. Conservationists believe that crocodiles have been driven further inland closer to villages due to overfishing reducing the crocodiles' natural food supplies. This is combined with habitat loss from the development of coastal areas into farms. Widespread tin mining has also caused villagers to encroach on the crocodiles' natural habitats, pushing the creatures closer toward people's homes. With uneducated locals in the developing country still using rivers for bathing and primitive fishing, the deadly combination of factors has led to rising numbers of crocodile attacks.
Reuters
13-05-2025
- Business
- Reuters
Eni starts gas production at Merakes East field in Indonesia
May 13 (Reuters) - Eni ( opens new tab has started gas production from the Merakes East field in the Kutei Basin offshore Indonesia, the Italian energy group said on Tuesday in a statement. The field is part of the East Sepinggan block, where Eni holds an 85% operating stake, and its production is expected to contribute up to approximately 18,000 barrels of oil equivalent per day to Eni's output. The gas is processed at the Jangkrik Floating Production Unit and transported to Indonesia's internal market and the Bontang liquefaction plant for domestic and export use. This operation is part of Eni's strategy to utilize significant gas resources in Indonesia, supported by collaboration with SKK Migas, Indonesia's Upstream Regulator and Supervisor. Eni has recently announced talks with Malaysia's state energy firm Petroliam Nasional Bhd (Petronas) to create a joint venture to oversee selected upstream assets in Indonesia and Malaysia. Eni has been operating in Indonesia since 2001, with a current production of around 700 million standard cubic feet per day in East Kalimantan.
Yahoo
10-04-2025
- Business
- Yahoo
Individual investors own 19% of MKH Oil Palm (East Kalimantan) Berhad (KLSE:MKHOP) shares but public companies control 65% of the company
MKH Oil Palm (East Kalimantan) Berhad's significant public companies ownership suggests that the key decisions are influenced by shareholders from the larger public 65% of the company is held by a single shareholder (MKH Berhad) Past performance of a company along with ownership data serve to give a strong idea about prospects for a business Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To get a sense of who is truly in control of MKH Oil Palm (East Kalimantan) Berhad (KLSE:MKHOP), it is important to understand the ownership structure of the business. We can see that public companies own the lion's share in the company with 65% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Meanwhile, individual investors make up 19% of the company's shareholders. In the chart below, we zoom in on the different ownership groups of MKH Oil Palm (East Kalimantan) Berhad. See our latest analysis for MKH Oil Palm (East Kalimantan) Berhad Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Institutions have a very small stake in MKH Oil Palm (East Kalimantan) Berhad. That indicates that the company is on the radar of some funds, but it isn't particularly popular with professional investors at the moment. So if the company itself can improve over time, we may well see more institutional buyers in the future. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too. Hedge funds don't have many shares in MKH Oil Palm (East Kalimantan) Berhad. Our data shows that MKH Berhad is the largest shareholder with 65% of shares outstanding. This implies that they have majority interest control of the future of the company. For context, the second largest shareholder holds about 3.3% of the shares outstanding, followed by an ownership of 2.2% by the third-largest shareholder. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. We can see that insiders own shares in MKH Oil Palm (East Kalimantan) Berhad. As individuals, the insiders collectively own RM30m worth of the RM600m company. This shows at least some alignment, but we usually like to see larger insider holdings. You can click here to see if those insiders have been buying or selling. The general public, who are usually individual investors, hold a 19% stake in MKH Oil Palm (East Kalimantan) Berhad. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. We can see that Private Companies own 9.2%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. It appears to us that public companies own 65% of MKH Oil Palm (East Kalimantan) Berhad. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership. It's always worth thinking about the different groups who own shares in a company. But to understand MKH Oil Palm (East Kalimantan) Berhad better, we need to consider many other factors. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph . If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
