Banpu (BAK:BANPU) Denies No Plans to Increase Stake in Centennial (ASX:CEY)

  Sydney, Australia, June 18, 2010 - (ABN Newswire) - Centennial Coal Ltd. (ASX:CEY) said Friday that it has received a letter from Thailand's Banpu Public Company Limited (BAK:BANPU) overnight, denying speculations that Banpu has no immediate plans to increase holding in Centennial. Banpu said that it had not made any statements to this effect. The Thai company has recently increased its stake in Centennial from 14.9 per cent to 19.  

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