Indonesian shrimp producer eyes USD3.2m from IPO


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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