JAKARTA (Reuters) - Indonesian copper miner Amman Mineral Internasional aims to raise up to 12.94 trillion rupiah ($880.6 million) in a listing scheduled for June 28 to July 3, it said in its prospectus on Wednesday. | 06:04am
Indonesian copper miner Amman Mineral Internasional aims to raise up to 12.94-trillion rupiah ($880.6-million) in a listing scheduled for June 28 to July 3, it said in its prospectus on Wednesday.
The listing would be the biggest initial public offering (IPO) in Southeast Asia this year, according to Refinitiv data, surpassing the listing of Indonesian nickel producer Trimegah Bangun Persada, known as Harita Nickel, that raised 1-trillion rupiah in April.
Indonesia s PT Amman Mineral plans to raise up to 12.9tn rupiah ($860m) in an IPO, which would be the country s largest this year. The offering, which will be listed on the Jakarta stock exchange on 5 July, would offer 7.29 billion shares at a price range of 1,650 to 1,775 rupiah per share.