Jasa Marga (JSMR) Divests 40% of MBZ Toll Shares to Nusantara Infrastructure (META) Subsidiary
7/04/2022
%20Divestasi%2040%25%20Saham%20Tol%20MBZ%20ke%20Anak%20Usaha%20Nusantara%20Infrastructure%20(META).jpeg "Jasa Marga (JSMR) Divestasi 40% Saham Tol MBZ ke Anak Usaha Nusantara Infrastructure (META)") |
| Jasa Marga (JSMR) Divestasi 40% Saham Tol MBZ ke Anak Usaha Nusantara Infrastructure (META) |
In order to optimize the company's business portfolio, in 2022, PT Jasa Marga Tbk (JSMR) will continue its asset recycling as part of its corporate strategy to balance the growth and sustainability of the company's business.
One of them is by divesting Jasa Marga's share ownership in PT Jasamarga Jalanlayang Cikampek (JJC), a subsidiary of Jasa Marga that manages the Sheikh Mohamed Bin Zayed (MBZ) Highway or the Jakarta-Cikampek II Elevated .
Corporate Communication and Community Development Group Head Lisye Octaviana said the divestment of 40% of the total 80% of Jasa Marga's shares to PT Margautama Nusantara (MUN) is currently entering the stage of signing the conditional sale and purchase agreement of shares (CSPA) on Thursday. (30/6/2022) ago.
“Completion of the transaction will still depend on the fulfillment of several preliminary requirements as stipulated in the CSPA. We hope that the entire transaction process can be carried out smoothly according to the target, of course by always applying the principles of good corporate governance (GCG) at every stage, until the signing of the sale and purchase agreement (SPA) as planned," added Lisye in an official statement. , Monday (4/7/2022).
The signing of the CSPA is the first step and a form of commitment to strategic cooperation between Jasa Marga and MUN in the operation of the MBZ Flyover, through PT JJC as the toll road business entity that manages it.
The MBZ Flyover which is managed by PT JJC has an important role in the Trans Java Toll Road network as the main connecting route for the Jabotabek area to the east. The operation of this toll road has a positive impact on the smooth running of the Jakarta-Cikampek route, with the increase in the capacity of the toll road resulting in a decrease in the V/C Ratio which affects the average speed increase from the Cikunir Interchange to West Karawang.
Margautama Nusantara (MUN) itself is a subsidiary of PT Nusantara Infrastructure Tbk (META), where the majority shareholder of META is PT Metro Pacific Tolways Indonesia, an entity belonging to the Salim Group.
