Brief: Road King Infrastructure Says Unit To Buy 15% Stake In PT Jasamarga Kualanamu Tol

Road King Infrastructure

05/03/2021 13:35

March 5 (Reuters) - Road King Infrastructure Ltd  1098.HK :
    * UNIT TO BUY 15% STAKE IN PT JASAMARGA KUALANAMU TOL FOR
HK$226.76 MILLION
    * UNIT TO BUY 30% STAKE IN PT JASAMARGA KUALANAMU TOL FROM
PT
WASKITA TOLL ROAD & PT PEMBANGUNAN PERUMAHAN (PERSERO) TBK
    * POST ACQUISITION, JASAMARGA KUALANAMU TOL WILL BE OWNED BY
KINGS
RING & PTJM AS TO 45% & 55%, RESPECTIVELY
    * UNIT TO BUY 30% STAKE FOR HK$453.53 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS168mYv
Further company coverage:  1098.HK 

 (Reuters.Briefs@thomsonreuters.com)