KONTAN.CO.ID - JAKARTA. 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 10 trillion rupiah in April. Indonesia's IPO market is one of the world's hottest this year. First-time share sales have raised $1.58 billion as of April, second only to China in the Asia-Pacific region excluding Japan and ahead of traditional powerhouse Hong Kong, according to Refinitiv data.
Indonesian Copper Miner Amman Aims to Raise $880 mln in IPO
KONTAN.CO.ID - JAKARTA. 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 10 trillion rupiah in April. Indonesia's IPO market is one of the world's hottest this year. First-time share sales have raised $1.58 billion as of April, second only to China in the Asia-Pacific region excluding Japan and ahead of traditional powerhouse Hong Kong, according to Refinitiv data.