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CATL-backed Merdeka soars in Indonesia market debut

The IPO raised US$622 million

Nathan Richardson
RKEF smelters

RKEF smelters

The initial public offering for the Merdeka Copper Gold subsidiary raised Rp9.24 trillion (US$622.12 million). It was priced at Rp795 per share and saw a total of 11.6 billion new shares issued - representing...

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