Indonesia: Tohir’s Nusantara Pelabuhan Handal sets IPO price

Indonesia: Tohir’s Nusantara Pelabuhan Handal sets IPO price

The CEO of Indonesian coal producer PT Adaro Energy Tbk, Garibaldi "Boy" Thohir speaks with Reuters during an interview in Jakarta, Indonesia June 10, 2016. REUTERS/Iqro Rinaldi

Indonesian container terminal operator Nusantara Pelabuhan Handal (NPH) – controlled by businessman Garibaldi Thohir who also heads publicly-listed coal miner Adaro Energy – has set the price for its planned initial public offering (IPO) at Rp 450-550 apiece, the company announced on Thursday.

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