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Indonesian Billionaire's Geothermal Firm Surges 25% in Trading Debut

Indonesian Billionaire's Geothermal Firm Surges 25% in Trading Debut
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Barito Renewables surges in trading debut • BusinessMirror

PT Barito Renewables Energy jumped on its first day of trading after raising 3.13 trillion rupiah ($200 million) in Indonesia’s fifth-biggest initial share sale this year. Shares of the company owned by billionaire Prajogo Pangestu finished 25 percent higher at 975 rupiah in Jakarta on Monday, hitting the upper limit allowed on the Indonesian stock ....

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Barito Renewables to Raise $203 Million in IPO Priced at Top End

Barito Renewables to Raise $203 Million in IPO Priced at Top End
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Mysterious 1,000% Stock Gains Baffle Traders in Indonesia

(Bloomberg) Unexplained gains in Indonesian stocks are fueling calls for tighter regulation in Southeast Asia’s biggest equity market.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are CloggedBiggest Losers of AI Boom Are Knowledge Workers, McK ....

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