Indonesia nickel miner Trimegah Bangun Persada plans up to $982 million IPO

Indonesian nickel company PT Trimegah Bangun Persada (TBP), of the Harita conglomerate group, plans to raise up to 15.12 trillion rupiah ($982 million) in its April initial public offering. TBP plans to sell as many as 12.09 billion shares, or 18% of total capita. The company, also known as Harita Nickel, mines nickel and operates processing facilities in Obi island in Indonesia's eastern Maluku region.

March 16 2023, Kontan

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