Journalism Database & Technology  
 
 
News & Opinions | IPSRESEARCH

Friday, August 11, 2017       09:43 WIB
PremierInsight: WSKT will build new toll roads of 1,260km before 2019.

Waskita Karya (WSKT IJ; Rp2,310; Buy) will build new toll roads of 1,260km before 2019. The company needs capex of Rp110tn and will source the capex from asset securitization or selling share ownership of Waskita toll road (WTR). Company targets the sell off of WTR to be completed in September 2019. (Bisnis Indonesia)

Comment: The divestment of WTR is crucial as it will bring Rp7-8tn back to the company. This can be near term positive catalyst for the company. Maintain BUY.

 

 

 

Sumber : IPS RESEARCH


 





loading.. loading.. loading..