Indonesian shrimp producer eyes USD3.2m from IPO

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Agro Bahari Nusantara aims to raise USD 3.2 million from an IPO this October. The shrimp producer will use the funds for expansion and working capital. The Jakarta-based company operates super-intensive and intensive vannamei farms on Bangka Island. In Q1 2023, it booked a profit of USD 102,000 on ...

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