PT Bakrieland Development Tbk prepares divestment option of 49 percent of PT Bakrie Toll Road shares to the strategic investors.
President Director of Bakrieland Hiramsyah Sambudhy Thaib said the divestment realization upon the operational Kanci-Pejagan toll roads.
Bakrieland will seek Middle Eastern, European, or Japanese investors for Bakrie Toll.
Bakrieland has 100 percent of Bakrie Toll Road shares and will maintain at least 51 percent shares possession.
Pejagan-Pemalang, Batang-Semarang, Ciawi-Sukabumi and Pasuruan-Probolinggo. Bakrie Toll should accomplish the total of 257 kilometers toll road. "We target the Kanci-Pejagan will be operational before Idul Fitri celebration so that it could tap more income to Bakrieland this year."
Monday, April 13, 2009
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