JAKARTA/SINGAPORE, April 18 (Reuters) - Indonesian
nickel company Merdeka Battery Materials opened higher
in its trading debut higher on Tuesday after raising 8.75
trillion rupiah ($591.82 million) in the country's third largest
initial public offering this year.
The stock opened at 805 rupiah per share, higher than its
IPO price of 795 rupiah on the Indonesian stock exchange.
(Reporting by Fransiska Nangoy and Christina Bernadette in
Jakarta, Yantoultra Ngui in Singapore; Editing by Kim Coghill)
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