State construction firm Waskita Karya (WSKT) targets to raise Rp20 trillion from divesting or selling ten sections of toll roads. The divestment period is extended to first half (H1) next year. WSKT changes the divestment scheme as the incoming bids offer lower prices. WSKT stops to auction the said toll roads, opting to one-on-one approach for bid and offer. WSKT also mulls to launch the initial public offering (IPO) of its unit, Wakita Toll Road (WTR).
