Mining company ATPK Resources is seeking to raise Rp 1.07 trillion ($97.8 million) from a secondary stock offering in December to finance an acquisition plan at one of its coal mining units Mega Alam Sejahtera. MAS holds mining permits on a 3,274 hectares coal mine in Berau, East Kalimantan with…
Hanson Intl to Raise $414m in Share Sale
Hanson International, a holding company affiliated with businessman Benny Tjokrosaputro, is planning to sell its shares via rights issue, with a target to raise up toRp 4.6 trillion ($414 million), the company said in a brief prospectus on Friday. Hanson is selling 8.35 billion ordinary shares to existing investors at…