IPOIndonesia's Harita Nickel shares gain 4.4% in market debut
Battery materials producer raised $670m in country's largest IPO so far in 2023
A nickel processing facility operated by Harita Nickel on Obi Island in Indonesia. The company recorded the country's largest IPO so far this year. © Getty Images
ERWIDA MAULIA, Nikkei staff writer
April 12, 2023 12:41 JST
Updated on April 12, 2023 18:54 JST
JAKARTA -- Shares of nickel producer Trimegah Bangun Persada, better known as Harita Nickel, shook off a slow start to close more than 4% higher in their trading debut Wednesday on the Jakarta bourse in Indonesia's largest initial public offering so far this year.