Daily BriefsIndonesia

Daily Brief Indonesia: PT Trimegah Bangun Persada Tbk (Harita Nickel), Lippo Karawaci and more

In today’s briefing:

  • Harita Nickel IPO – The Positives – Earnings Staged a Recovery in Recent Periods
  • Morning Views Asia: Delta Dunia Makmur, Lippo Karawaci

Harita Nickel IPO – The Positives – Earnings Staged a Recovery in Recent Periods

By Clarence Chu

  • PT Trimegah Bangun Persada Tbk (Harita Nickel) (2230010D IJ) is looking to raise about US$650m in its Indonesian IPO.
  • PT Trimegah Bangun Persada Tbk (Harita Nickel, HN) is a vertically integrated pure-play nickel company operating on Obi Island, Indonesia.
  • In this note, we will talk about the positive aspects of the deal.

Morning Views Asia: Delta Dunia Makmur, Lippo Karawaci

By Charles Macgregor

Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.


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