Trimegah Bangun Persada

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EGMS Agenda Approved, Harita Nickel Strengthens Foundation for Sustainable Growth and Expansion

15 March 2024

Jakarta, 15 March 2024 - In an ongoing effort to strengthen its financial position and to support its strategic growth, PT Trimegah Bangun Persada Tbk (NCKL) or Harita Nickel, a sustainable nickel mining and processing company, has successfully held an Extraordinary General Meeting of Shareholders (EGMS) on March 15, 2024, at the Sheraton Grand Jakarta, Gandaria City Hotel. In the meeting, shareholders approved the second agenda proposed by management, namely a plan for a capital increase through a rights issue by providing pre-emptive rights ("Limited Public Offering"), where the minimum number of shares to be issued is 10%, and up to 30% at the maximum, of the company's currently issued and paid-up capital.

The Limited Public Offering will be executed within a maximum of 12 (twelve) months after obtaining approval in the EGMS, in compliance with applicable capital market regulations, including but not limited to approval from the capital market authority (if required) and the final plan related to the acquisition of shares in the target company.

This limited public offering plan is a strategic step taken by Harita Nickel as part of its efforts to continue strengthening sustainable growth and business development. Funds received from this corporate action will be used to support Harita Nickel's business expansion, including but not limited to the acquisition of shares in companies engaged in nickel ore refining and/or other mining companies.

Roy Arman Arfandy, President Director of PT Trimegah Bangun Persada Tbk (Harita Nickel), stated, "We appreciate the support given by our shareholders through the approval of the limited public offering plan. This approval allows us to continue to strengthen continuous growth and business development. We are committed to wisely using the funds obtained from this corporate action to enhance shareholder value and strengthen the company's sustainable growth.”

PT Trimegah Bangun Persada Tbk (Harita Nickel) remains committed to sustainable and responsible growth while also increasing its positive contribution to the communities and environment surrounding the company’s operational areas. The company hopes the steps taken will further strengthen its position as a leader in the nickel mining and processing industry in Indonesia and globally.

For more information, shareholders and investors can visit the official website at or email the Corporate Secretary division at

About Harita Nickel

PT Trimegah Bangun Persada Tbk (“TBP”) operates an integrated and sustainable nickel mining and processing on Obi Island, South Halmahera, North Maluku. Apart from having an IUP, since 2016, the Company, through its subsidiary entities, has had high-grade nickel ore (saprolite) smelters and low-grade nickel ore (limonite) processing refinery facilities since 2021 in the same operational area. These facilities are present to support the industrialization mandate of the Indonesian government. Harita Nickel is also a pioneer in Indonesia in processing and refining low-grade nickel ore (limonite) using High-Pressure Acid Leach technology. This technology is able to process limonite nickel which has not been used so far, into a product of strategic value, namely Mixed Hydroxide Precipitate (MHP). In the following process, MHP is further processed into nickel sulfate (NiSO4) and cobalt sulfate (CoSO4), which are raw materials used to make electric vehicle batteries. 

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