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PT Adaro Andalan Indonesia aims to raise up to 4.59 trillion rupiah ($291 million) through an initial public offering as part of its parent company's strategy to transition away from fossil fuels. The company plans to offer up to 778.7 million shares, priced between 4,590 and 5,900 rupiah each, with final pricing set after the book building period from November 12 to 18.
Garibaldi Thohir
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adaro plans 291 million dollar ipo to divest coal business
05:43 12.11.2024
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