Monday, August 15, 2016

Jasa Marga to enlarge planned bonds issue to Rp4t

JAKARTA (TheInsiderStories)- Toll operator PT Jasa Marga Tbk (JSMR) plans to enlarge the size of its planned bonds issuance in the first quarter 2017 that will be used to fund its toll road projects. The increase follows the company’s plan to launch rights issue worth Rp1.79 trillion in fourth quarter this year. President Director of Jasa Marga Adityawarman said with the rights issue, the company’s to raise new funding will also increase, Investor Daily reported.(*)