PT Trimegah Bangun Persada Tbk has completed an IPO in the amount of IDR 9.997 trillion.

PT Trimegah Bangun Persada Tbk (TBP) is an Indonesia-based company. The Company is engaged in nickel mining and processing/refining nickel ore and its associated minerals based on a Mining Business Permit (IUP) for the production and operation of DMP Nickel (and its associated minerals). Its segments include Nickel Processing, and Nickel Mining. Nickel Processing is involved in nickel refinery and smelter plant, starting from drying process for reduce water content in nickel ore, smelting, converting and granulation. The Nickel Mining Segment is involved in open pit and open cast stages, which starts from area clearing processing, digging and hauling nickel ore to be taken for preparation to a nickel processing plant. Its whole operational activities are located in Kawasi Village, Obi subdistrict, South Halmahera Regency, North Maluku Province. It operates two smelters processing saprolite nickel and one refinery processing limonite nickel.