Shares of nickel producer Merdeka Battery Materials (MBMA), co-owned by Saratoga Group, Provident Capital, and Garibaldi ‘Boy’ Thohir, ended substantially lower by 5.85% last Friday to make a market capitalization of Rp86.9 trillion. The stock has fallen 12% from recent peak, among others due to less convincing results in the first half.To subscribe please click here
