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Indonesian EV firm VKTR sets IPO price at lower range, could raise up to $59m

Indonesian EV firm VKTR sets IPO price at lower range, could raise up to $59m

Photo: VKTR's website

Indonesian commercial electric vehicles supplier PT VKTR Teknologi Mobilitas Tbk has set its initial public offering (IPO) price at 100 rupiah apiece, which means the company could raise as much as 875 billion rupiah ($58.8 million) through the share sale.

Edited by: Joymitra Rai

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