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Waskita akan Divestasi Tiga Jalan Tol untuk Lunasi Hutang

JAKARTA (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) berencana untuk mendivestasi saham tiga jalan tol miliknya untuk melunasi hutang perusahaan yang semikin menumpuk,...

Indonesia’s Waskita to Divest Three Toll Roads to Pay Debt

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Waskita Karya Tbk (IDX: WSKT) planned to divest its statke in the three toll road units to...

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'...

Indonesia Offers Nine Toll Road Projects in This Year

JAKARTA (TheInsiderStories) - Public works and public house ministry to offer nine toll road projects in Indonesia during 2020, said the minister today. The pre-qualification...

Indonesia’s Hutama Raises US$600M from Global Bond Issuance

JAKARTA (TheInsiderStories) - PT Hutama Karya has issued a global medium term notes US$600 million with tenure 10 years and a coupon rated of 3.75 percent, said the...

Indonesia Offers Six Infrastructure Projects More Than US$5B

JAKARTA (TheInsiderStories) - Indonesia offered six toll road and bridge projects across the archipelago with total investments Rp80.8 trillion (US$5.37 billion), said the government official last...

Moody’s Assigns First-time Baa3 rating to Hutama Karya

JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned a first-time Baa3 issuer rating to state-owned toll operator, PT Hutama Karya (HK). The rating outlook is stable and reflects...

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,...

MTPC Sold 10.32% Shares of Indonesian Unit to Japan’s Investors

JAKARTA (TheInsiderStories) - Malaysia' CIIF Infrastructure Holdings Sdn. Bhd., unit of Metro Pacific Tollways Corp., (MPTC) sold 10.32 percent of its Indonesian unit, PT Margautama Nusantara,...

Indonesia’s Waskita Toll Road to Divest Four Toll Roads in 2020

JAKARTA (TheInsiderStories) - PT Waskita Toll Road (WTR) plans to divest four toll roads in 2020, the management told media on Dec. 18. Three...

Indonesia’s Nusantara Infrastructure Allocates Capex US$161M in 2020

JAKARTA (TheInsiderStories) - Infrastructure company, PT Nusantara Infrastructure Tbk (IDX: META) will strengthen the infrastructure business by allocated capital expenditure Rp2.25 trillion (US$160.71 million) in...

Indonesia to Build 3,000 Km Toll Roads Until 2024

JAKARTA (TheInsiderStories) - Indonesian government targeting to build 3,000 kilometers (km) new toll road across the archipelago, said the head of state in Jakarta. To reach...

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 Waskita Seeks US$246M from Bond Issuances

Jakarta (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to release local bond worth of Rp3.5 trillion (US$246.47 million), said the...

Indonesia’ Waskita to Earn Funds US$2B in This Year

Jakarta (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) hoped to earn fresh funds up to Rp30 trillion or US$2.11 billion from projects using the...

Indonesia’s Jasa Marga Issues SUKUK Bonds US$56M

JAKARTA (TheInsiderStories) - Unit of Indonesian toll road developer, PT Jasa Marga Tbk (IDX: JSMR) issued Islamic bond (SUKUK) worth of Rp785 billion (US$56.07...

115 National Strategic Projects of Widodo’s First Term Postponed

JAKARTA (TheInsiderStories) – The realization of the National Strategic Project (NSP) experiencing significant obstacles, starting from the stage of preparation, transaction or auction to...

Indonesia’s Waskita Raises Funds US$128.67 from Bond Issuances

JAKARTA (TheInsiderStories) – Indonesian toll road developer,  PT Waskita Karya Tbk (IDX: WSKT) raised funds Rp1.84 trillion (US$128.67 million) from a bond issuances. While, its...

Indonesia’s Jasa Marga to Publishs Two-Debt Instruments US$140M in 2019

JAKARTA (TheInsiderStories) – Indonesian toll-road developer, PT Jasa Marga Tbk (IDX:JSMR) to publish coupon and zero coupon bonds, with total amount Rp2 trillion (US$140.84...

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...

Subianto Promises to Slice Electricity Price, Widodo Extends Autonomy Fund

JAKARTA (TheInsiderStories) – In his political trip to Bali and West Nusa Tenggara, Candidate President Prabowo Subianto promised to decrease electricity tariffs and basic...

Indonesia’s Hutama Karya Prepares Investment US$3.21B

JAKARTA (TheInsiderStories) - Indonesian toll operator, PT Hutama Karya (HK) prepares investment up to Rp45 trillion or US$3.21 billion this year, said the chief...

Morning Briefing: May Seeks Another Brexit Negotiation with EU

JAKARTA (TheInsiderStories) -- United Kingdom (UUK) House of Common will have another vote over Brexit, as Premier Theresa May expects for more negotiations to...

Indonesia’s Waskita to Issues Local Bond US$345M in 2019

JAKARTA (TheInsiderStories) - A state-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to issue Rp5 trillion (US$344.82 million) bond, in the second semester of...

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...

Transportation Integration for Jakarta and Surrounding Areas Need Costs US$41B

JAKARTA (TheInsiderStories)-  Toll Road Management Agency for Jakarta and surrounding areas required funds of Rp600 trillion (US$41.38 billion) to implement integrated Transportation Master Plan...

Jakarta Tollroad Development Received Loan US$931M

JAKARTA (TheInsiderStories) – Indonesian toll road operator, PT Jakarta Tollroad Development (JTD) signed a syndicated loan agreement worth of Rp13.7 trillion (US$931.27 million). The...

Indonesia’s Adhi Karya to Construct Solo-Yogyakarta Toll Roads in 2019

JAKARTA (TheInsiderStories) - PT Adhi Karya Tbk (IDX: ADHI), a state-owned construction company, aims to start the construction of the Solo - Yogyakarta toll road...

Indonesia Offers Six Toll Road Projects Costs US$8B

JAKARTA (TheInsiderStories) - Indonesia's Toll Road Regulatory Agency offered six toll road projects with an investment value of Rp124 trillion (US$8.67 billion) to be...

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...