In today’s briefing:
- Aequitas: Merdeka Gold Pre-IPO – PHIP Update and Valuation
Aequitas: Merdeka Gold Pre-IPO – PHIP Update and Valuation
- Merdeka Gold Resources (EMAS IJ) is looking to raise up to US$700m in its upcoming Hong Kong IPO.
- Positioned among the top pure-play gold producers in Asia, anchored by its flagship Pani Gold Mine located in Indonesia.
- In this note, we look at the firm’s PHIP updates and valuation.
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