Home Tags Jasa Marga

Tag: Jasa Marga

Indonesia’s Jasa Marga To Operates 1,292KM Toll Roads in 2021

JAKARTA (TheInsiderStories) - The toll road and infrastructure firm, PT Jasa Marga Tbk (IDX: JSMR) targeting to operates 1,292 kilometers (km) of toll roads by 2021....

Indonesia Regulates Nine JORR Toll Road Tariffs

JAKARTA (TheInsiderStories) - Toll Road Regulatory Agency at the public works and housing ministry officer decided to raise nine sections of the Jakarta Outer...

Jasa Marga Joins the Longest Toll Road Projects Tender in Java

JAKARTA (TheInsiderStories) - Toll road operator, PT Jasa Marga Tbk' (IDX: JSMR) consortium have submitted pre-qualification documents to participate in the tender for the Gedebage...

Indonesia’s Jasa Marga invests US$449M in Toll Road Project

JAKARTA (TheInsiderStories) - State-owned toll road operator, PT Jasa Marga Tbk (IDX: JSMR) will invests up to Rp6.6 trillion (US$449 million) for the Solo -Yogyakarta International Airport...

Indonesia’s Jasa Marga Cuts Investments, Delayes Some Projects

JAKARTA (TheInsiderStories) - The state-owned toll road builder, PT Jasa Marga Tbk (IDX: JSMR) decided to cut this year' capital expenditure from initial targets Rp20...

Indonesia’s Jasa Marga Releases Rupiah Bond US$136M

JAKARTA (TheInsiderStories) - Toll road operator, PT Jasa Marga Tbk (IDX: JSMR) will issue local bonds with targets up to Rp2 trillion (US$136.05 million),...

Indonesia’s Jasa Marga Eyes US$143M Funds to Pay Debts

JAKARTA (TheInsiderStories) - Toll road managers, PT Jasa Marga Tbk (IDX: JSMR) eyeing up to Rp2 trillion (US$142.86 million) from bond market to pay the company'...

Moody’s Downgrades Jasa Marga, Wijaya Karya Rating due to COVID-19

JAKARTA (TheInsiderStories) - Moody's Investor Service downgraded two state-owned enterprises rating due to negative impact from the COVID-19 Outbreak. The agency has downgraded the issuer and...

Moody’s Downgrades Jasa Marga Rating from Stable to Negative

JAKARTA (TheInsiderStories) - Moody's Investors Service has changed the outlook on the ratings of PT Jasa Marga Tbk (IDX: JSMR) to negative from stable. At the same time,...

Some Indonesia’s Issuers Starts the Buyback Program

JAKARTA (TheInsiderStories) - Some issuers at the Indonesia Stock Exchange (IDX) announced will start their buyback program today. On March 9, the Financial Services Authority has...

Indonesia’s Jasa Marga, Wijaya Karya Get Financing US$2B

JAKARTA (TheInsiderStories) - PT Jasa Marga Tbk (IDX: JSMR) signed direct equity financing with PT China Communications Construction Indonesia (CCCI) amounting Rp23.3 trillion (US$1.65 billion)...

Indonesia’s Hutama Karya Manages US$957M Toll Roads Projects

JAKARTA (TheInsiderStories) - Indonesia’ Toll Road Regulatory Agency has ordered state owned toll road operator PT Hutama Karya consortium to build toll road projects...

Indonesia’s Jasa Marga Targets $71B from DINFRA

JAKARTA (TheInsiderStories) - PT Jasa Marga Tbk (IDX:JSMR) registered the Infrastructure Investment Fund (DINFRA) Toll Road Mandiri worth of Rp423.5 billion (US$30.25 million) on...

Indonesia Sets New Toll Tariffs of 15 Toll Roads in 2019

JAKARTA (TheInsiderStories) – The Indonesian government will set new tariffs for toll roads for 15 tolls roads across the nation this year. The policy...

Indonesia’s Jasa Marga Prepares Capex US$1.8B in 2019

JAKARTA (TheInsiderStories) - After operating the Trans Java toll road, publicly listed PT Jasa Marga Tbk (IDX: JSMR) immediately stepped out to get a...

First Toll Road in Kalimantan to be Built Soon

JAKARTA (TheInsiderStories) - PT Jasamarga Balikpapan Samarinda (JBS), received a syndicated financing facility of Rp6.98 trillion (US$481.38 million) from local banks to construct the Balikpapan-Samarinda...

Policy Review: SOEs More Agressives Build Toll Roads Amid Liquidity Concern

JAKARTA (TheInsiderStories) - Two state-owned enterprises (SOEs), PT Wijaya Karya Tbk (IDX: WIKA) and PT Jasa Marga Tbk (IDX: JSMR) will operate and build new toll...

Jasa Marga Secures $561M Loan to Build Batang Toll Road

JAKARTA (TheInsiderNetwork) - State-owned toll operator PT Jasa Marga Tbk (IDX: JSMR) has obtained syndicated loan amounting Rp7.73 trillion (US$561 million) to finance Batang - Semarang...

Indonesia Waskita’s Unit Raises US$365M From Mutual Fund

JAKARTA (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) through ​​its subsidiary PT Waskita Toll Road (WTR) funding worth Rp5 trillion (US$364.96 million) by issuing Mutual...

Waskita, Jasa Marga Seek US$582M from Toll Roads Divestment

JAKARTA (TheInsiderStories) - State-owned construction firm PT Waskita Karya Tbk (IDX: WSKT) and state-owned toll operator company PT Jasa Marga Tbk (IDX: JSMR) are planning to...

Morning Briefs – Jan 18

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Government to Set Up Infrastructure Holding  After establishing a...

Komodo Bond to be Listed on London Stock Exchange

JAKARTA (TheInsiderStories) - The Indonesian government and several financial institutions have started to promote the Komodo Bond in Europe this week. Four state-owned Enterprises...

Jasa Marga’s Komodo Bond Beats Market Expectation

JAKARTA (TheInsiderStories) - Indonesian toll-road operator PT Jasa Marga Tbk (IDX: JSMR) has opened the offshore rupiah, or known as Komodo bond, the market...

Toll Road Operator Jasa Marga Starts Issuing Komodo Bonds  

JAKARTA (TheInsiderStories) - Indonesian toll-road operator PT Jasa Marga Tbk (IDX:JSMR) has mandated banks for the issuance of its first offshore rupiah bonds, dubbed as...

Daily Business Briefs – Nov 23

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Jasa Marga to Build Two More Tollroads Next Year PT...

Jasa Marga seeks $7.3 billion by 2019 for New Tolls

JAKARTA (TheInsiderStories) - State-owned toll road operator PT Jasa Marga (Persero) Tbk (IDX: JSMR) is gearing up to raise funds from the capital market...

Jasa Marga Encouraged to Buy Waskita’s Divested Toll Roads

JAKARTA (TheInsiderstories) – State-owned toll road operator PT Jasa Marga Tbk (IDX:JSMR) has the opportunity to become the majority owner of the Trans-Java toll...

High Demand on SOE’s Asset-Backed Securities

JAKARTA (TheInsiderStories) – Minister of State-Owned Enterprises Rini Soemarno has urged ‘creative fund raising’ from the firm under her ministry (SOEs) to fulfill their...

Waskita Rebuffs Suitors, Cancels Divestment

JAKARTA (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX:WSKT) has announced that the rights issue and divestment of PT Waskita Toll road...