Glencore Plc and Trafigura Group are reported to be among the investors planning to buy securities in the Hong Kong listing of Indonesian gold miner PT Merdeka Gold Resources. Bloomberg and the Financial Post both cite the same group of prospective investors, which also includes Mercuria Energy Group. The reports say these firms plan to purchase shares in connection with the company’s Hong Kong listing, though neither source provides the specific size of the investments, pricing details, or the share allocations for each investor. Bloomberg further notes that the information comes from people familiar with the matter. Beyond the identities of the investors and the planned transaction tied to Merdeka’s Hong Kong listing, the available coverage does not describe the timetable for the offering, expected proceeds, or conditions attached to the purchases. Overall, both outlets present the same core point: Glencore, Mercuria, and Trafigura are set to participate as key investors in the Indonesian miner’s Hong Kong listing, based on reports from sources with knowledge of the plans.
Glencore and Trafigura among investors eyeing Merdeka Gold’s Hong Kong listing
Glencore Plc and Trafigura Group are reported to be among the investors planning to buy securities in the Hong Kong listing of Indonesian gold miner PT Merdeka Gold Resources. Bloomberg and the Financ...
- Glencore is reported to be among investors planning to buy securities for PT Merdeka Gold Resources’ Hong Kong listing.
- Trafigura is also reported to plan to buy shares in the Hong Kong listing.
- Mercuria Energy Group is named as another key investor in the same deal.
- The listing is for Indonesian gold miner PT Merdeka Gold Resources on the Hong Kong market.
- Bloomberg reports the information is from people familiar with the matter; Financial Post reports similar investor involvement.
Glencore Plc, Mercuria Energy Group and Trafigura Group are among key investors planning to buy securities in the Hong Kong listing of Indonesian gold miner PT Merdeka Gold Resources.
2 months agoGlencore Plc, Mercuria Energy Group and Trafigura Group are among key investors planning to buy shares in the Hong Kong listing of Indonesian gold miner PT Merdeka Gold Resources, according to people familiar with the matter.
2 months ago
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