Indonesia Miner
Welcome to Indonesia Miner
Home / Directory / List News / Detail News

Merdeka Battery Materials Targets IPO Q1 2023

www.beritasatu.com

Mon 30 Jan 2023, 12:00 PM

Share

Events

The initial public offering (IPO) of the shares of a subsidiary of PT Merdeka Copper Gold Tbk (MDKA), namely PT Merdeka Battery Materials (MBM) is targeted to take place in the first half of 2023. This was conveyed by Investment Director of PT Saratoga Investama Sedaya Tbk Devin Wirawan recently. The issuer codenamed SRTG owns 18.34% or 4.42 billion shares of MDKA as of December 31 2022.

"For this year, maybe what has been discussed is that later Merdeka (MDKA) will carry out an IPO of one of their subsidiaries , Merdeka Battery Materials. I think the target is still in Q1 or first half ," Devin told reporters. However, he could not provide further information regarding the fundraising target to be achieved through the IPO. In addition to the IPO in the mineral business sector, Saratoga also announced that it is working on a business project in the health sector. "Hopefully we can open in the near future," added Devin.

Source: https://www.beritasatu.com/ekonomi/1023149/merdeka-battery-materials-ditargetkan-ipo-kuartal-i2023

Image source: www.beritasatu.com

Source Link: https://www.beritasatu.com/ekonomi/1023149/merdeka-battery-materials-ditargetkan-ipo-kuartal-i2023

Advertisement

Relate News

News
21 Nov 2024, 19:39 PM

CATL Seeks China’s Approval for Investment in ANTM Nickel Smelter

JIBI-Nurul Hidayat
1808 Views
News
25 Nov 2022, 10:00 AM

Indonesia ready to help African nations optimize natural resources

en.antaranews.com
3158 Views
News
26 Dec 2022, 08:00 AM

Indonesian miner is world’s biggest stock winner of 2022

www.mining.com
3527 Views
News
23 Nov 2023, 09:00 AM

ITMG Talks Nickel Business Expansion Plans

JIBI/Bisnis/Eusebio Chrysnamurti
3626 Views
Hello! We would like to talk to you.Please fill the details below to start chatting with us.