. ▁Furthermore , ▁Roth sch ild ▁has ▁an ▁interest ▁in ▁various ▁property ▁develop ments ▁in ▁Eastern ▁Europe ▁( Mont en eg ro , ▁Roman ia ▁and ▁Ukraine ). ▁ ▁In ▁July ▁ 2 0 1 0 , ▁Vall ar ▁Pl c , ▁a ▁Jersey - in cor por ated ▁invest ment ▁vehicle ▁Roth sch ild ▁founded , ▁raised ▁£ 7 0 7 . 2   mill ion ▁($ 1 . 0 7   b ill ion ) ▁in ▁an ▁Initial ▁public ▁offering ▁on ▁the ▁London ▁Stock ▁Exchange . ▁Vall ar ▁is ▁led ▁by ▁Roth sch ild ▁and ▁James ▁Campbell , ▁a ▁former ▁Ang lo ▁American ▁P LC ▁coal ▁and ▁base ▁met als ▁chief . ▁ ▁In ▁November ▁ 2 0 1 0 , ▁Vall ar ▁announced ▁it ▁was ▁bu ying ▁st akes ▁for ▁$ 3 bn ▁in ▁two ▁listed ▁Indones ia ▁thermal ▁coal ▁( used ▁for ▁power ▁stations ) ▁produ cers ▁for ▁a ▁combination ▁of ▁c ash ▁and ▁new ▁Vall ar ▁shares , ▁with ▁a ▁view ▁to ▁combining ▁them ▁to ▁create ▁the ▁largest ▁exp orter ▁of ▁thermal ▁coal ▁to ▁China , ▁India , ▁and ▁the ▁other ▁emer ging ▁econom ies ▁of ▁Asia . ▁The ▁transaction ▁closed ▁as ▁planned ▁on ▁ 8 ▁April ▁ 2 0 1 1 ▁and ▁Vall ar ▁pl c ▁was ▁renamed ▁B umi ▁pl c ▁in ▁the ▁same ▁month . ▁ ▁In ▁September ▁ 2 0 1 2 ▁the ▁investigation ▁of ▁possible ▁financial ▁irregular ities ▁in ▁its ▁Indones ian ▁arm ▁resulted ▁in ▁a ▁ 1 4 % ▁fall ▁in ▁its