Hong Kong's First Pacific buys 24.5% stake in Indonesian toll operator for $673 mln

First Pacific

02/07/2024 01:23

July 2 (Reuters) - First Pacific  0142.HK  has bought a
24.5% stake in PT Jasamarga Transjawa Tol, a unit of Indonesian
toll road operator PT Jasa Marga (Persero)  JSMR.JK , for $673.2
million, the Hong Kong-listed consumer foods firm said on
Tuesday. 

 (Reporting by Poonam Behura in Bengaluru; Editing by Subhranshu
Sahu)
 ((Poonam.Behura@thomsonreuters.com;))