Toll operator PT Astra Tol Nusantara (Astra Infra), a subsidiary of Astra International (ASII), and Canada Pension Plan Investment Board acquired 55% shares of Malaysia’ Khazanah Nasional Berhad in PT Lintas Marga Sedaya (LMS). That two companies bought the shares at a value of US$500 million. The transaction is expected to be completed in the fourth quarter (Q4) of 2019.

To subscribe please click here