EQUITIES: Launch of Rp2.6trn Harum Energy block
A shareholder is offering 270m shares in coal miner Harum Energy to raise around Rp2.6trn (US$304m). The shares, equivalent to around a 10% stake, are being offered at Rp9,050–Rp9,550 each, a discount of 0%–5.2% to today’s closing price. Deutsche Bank and Macquarie are joint bookrunners.
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