JAKARTA - PT Jasa Marga (Persero) Tbk (JSMR) yet again offers asset recycling opportunities in various toll projects, including its subsidiaries’, in order to boost its capital structure, as stated by Reza Febriano, Director of Business of JSMR, during Public Expose Live 2024 of JSMR via Zoom, Wednesday (28/8).

“Note that we will maintain the status as major shareholder. It is our priority,” Febriano said.

According to Febriarno, this corporate action plan is deemed highly strategic to optimise assets in order to enhance the company’s value and ensure operational and business sustainability of the company.

It is mentioned that the proceeds from assets recycling will most definitely be used to improve capital structure of Jasa Marga. In addition, said measure will also improve the service for toll road users, along with several innovations initiated by the company.

As of now, JSMR operates toll road that spans 1,264 km or 45% of all toll routes. Furthermore, the company is currently managing 5 toll projects, namely Jakarta-Cikampek II Selatan Toll Road, Patimban Access Toll Road, Jogja-Bawen Toll Road, Jogja-Solo Toll Road, and Probolinggo-Banyuwangi Toll Road. (LK/ZH)