Indonesia's Pertamina geothermal unit targets as much as $652 million in IPO
JAKARTA : Indonesia's Pertamina Geothermal Energy, a unit of state energy company Pertamina, plans to offer as much as 25 per cent of its stake in an initial public offering this month to raise a maximum 9.78 trillion rupiah in proceeds.
The public offering is scheduled for Feb. 20-22. CSLA Sekuritas Indonesia, Credit Suisse Sekuritas Indonesia, and Mandiri Sekuritas were hired as underwriters.
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EV maker Lotus Tech plans US IPO via deal with SPAC L Catterton - sources(Refiles to add sourcing to the headline)SHANGHAI : Lotus Technology will go public in the United States via a merger with special purpose acquisition company L Catterton Asia Acquisition Corp in a deal that will value the combined group at $5.4 billion, people familiar with the matter said on Tuesday.
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Indonesia finds local trader forged ingredient label in probe of cough syrup deathsPolice have arrested and charged officials at CV Samudera Chemical and its distributor. Read more at straitstimes.com.
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Indonesia finds local trader forged ingredient label in probe of cough syrup deathsJAKARTA: Indonesian police said on Monday (Jan 30) a local trader of industrial-grade chemicals sold them as pharmaceutical-grade, leading to their use in medicated syrups that authorities suspect may have
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Indonesia sees record coal exports of more than 500 million tonnes in 2023JAKARTA : Indonesia plans to produce 695 million tonnes of coal this year and sees exports of 518 million tonnes, Energy and Mineral Resources Minister Arifin Tasrif said on Monday, a level that would mean record shipments out of the country.In 2022 Indonesia produced 687 million tonnes of coal and export
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