Indonesia’s Merdeka Battery Is Said to Consider HK Share Sale

🌐 Bloomberg (ID) —

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PT Merdeka Battery Materials is considering a sale of depositary receipts in Hong Kong as part of its capital raising efforts, following the trend of other Indonesian mining companies seeking funds through the Hong Kong market. This move could expand their financial reach and support operational growth.

PT Merdeka Battery Materials is considering a sale of depositary receipts in Hong Kong, according to people familiar with the matter, potentially following other Indonesian miners looking to raise capital in the city.

Markets Deals Merdeka Battery depositary receipts Hong Kong Indonesian miners capital raising stock sale

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