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Harita Nickel raises $672m in Indonesian IPO

Harita expects to become Indonesia's largest producer of pure nickel

Nathan Richardson
On 12 April, the company’s share price traded between Rp1,205 and Rp1,410, before closing at Rp1,250.

On 12 April, the company’s share price traded between Rp1,205 and Rp1,410, before closing at Rp1,250.

Harita's president director Roy A Arfandy said the IPO received a "very positive" response from the market, with the company's shares being oversubscribed. Having initially offered 7.9976 billion shares...

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