Project Proponent
Asia Energy Corporation (Bangladesh) Pty Ltd, the project proponent of Phulbari Coal Project, is a wholly owned subsidiary of London based GCM Resources plc (Former Asia Energy plc).
Asia Energy
GCM Resources plc
Asia Energy
Asia Energy Corporation (Bangladesh) Pty Ltd is an Australian company (Australian company no.-080406819) registered on 15 October 1997 under the corporation law of New South Wales.
Asia Energy received Bangladesh Government’s permission to open company branch office in Bangladesh for exploration and extraction of mineral resources on 10 December 1997. The permission is renewed by Ministry of Industry and Bangladesh Board of Investment (BoI) from time to time.
According to the company law 1994 (Volume 379), Asia Energy Corporation (Bangladesh) Pty Ltd applied for registration to registrar of Joint Stock Company Bangladesh and received certificate of listing on 18 May 1998.
GCM Resources plc
GCM Resources plc (GCM) is a London based mineral exploration and mining company. Its former name was Asia Energy plc. Asia Energy incorporated as a public limited company (No. 04913119) in England and Wales on 26 September 2003 to raise capital for exploration and development of Phulbari Coal Project in Bangladesh. Company’s share listed in the Alternative Investment Market (AIM) of London Stock Exchange for trading on 19 April 2004.
Phulbari Coal Project is one of the major investment projects of GCM. The Company has also investment in a number of other companies in the world involved in mineral resources.