PT Trimegah Bangun Persada Tbk (NCKL), member of Harita Nickel, has kicked off its initial public offering (IPO) for 12.09 billion shares, representing 18% of its total issued and paid-up capital, priced at Rp1220-1250 per share, to raise total proceeds of between Rp14.75 trillion to Rp15.12 trillion. This implies to a bigger market capitalization than established nickel producers Aneka Tambang (ANTM) and Vale Indonesia (INCO). To subscribe please click here