Indonesia nickel miner plans up to USD 647 mn IPO

The IPO would be Southeast Asia's biggest IPO so far this year, overtaking the listing of Indonesian state-backed Pertamina Geothermal Energy that raised 9.06 trillion rupiah (USD 590 million) last month. Trimegah Bangun Persada, which is also known as Harita Nickel, is offering up to 8.1 billion shares at between 1,220 and 1,250 rupiah each.

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