Rajawali hopes to strike gold with Archi IPO

The Indonesian conglomerate hopes gold prices have bottomed as it launches an IPO of its domestic gold mining assets.

Gold has been among the worst-performing asset classes in recent years but Indonesia's Rajawali group hopes equity investors will view the initial public offering of its gold mining operations as an opportunity to invest at the bottom of a new up-cycle.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media