This is Batman 1, published by Mimosa (SA Magazine Co) +/- 1959.
It reprints the cover and the following 2 stories from DC Comics' Batman 119 (1958):
"Rip Van Batman"
"The Arch-Rivals of Gotham City"
24 pages, full-colour, newsprint stock cover and interior pages.
These titles were printed in a smaller size (243x165mm) compared to the original DC Comics title.
The printing reproduction from the original was very good quality.
Here is the cover of issue 1 and DC Comics' original cover:
Mimosa Batman Newsprint Series