JAKARTA, March 28 (Reuters) - Indonesia nickel company
Merdeka Battery Materials, a unit of Merdeka Copper Gold plans a 8.745 trillion rupiah ($580.29 million)
initial public offering (IPO) in April, a prospectus published
on Tuesday showed.
The company plans to sell 10.24% shares in the IPO at 780 to
795 rupiah a piece. However, the company will issue additional
1.01% shares in case of oversubscription which could put the IPO
at a total of 9.619 trillion rupiah.
($1 = 15,070.0000 rupiah)
(Reporting by Bernadette Christina)
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