December 08, 2016 7:38 PM ET

Transportation Infrastructure

Company Overview of Pt Jasa Marga (Persero) Tbk

Company Overview

PT Jasa Marga (Persero) Tbk develops, manages, and maintains toll roads in Indonesia. The company operates 11 toll roads. It is also involved in the management of the rest area on the highway and gas stations; rental of equipment and vehicles; development and sale of properties; and provision of advertisement services. The company was founded in 1978 and is based in Jakarta, Indonesia.

Plaza Tol Taman Mini Indonesia Indah

Jakarta,  13550

Indonesia

Founded in 1978

8,233 Employees

Phone:

62 21 841 3630

Fax:

62 21 841 3540

Key Executives for Pt Jasa Marga (Persero) Tbk

President Director and Chief Executive Officer
Age: 61
Total Annual Compensation: $1.3B
Operation Director, Acting Business Development Director and Director
Age: 53
Total Annual Compensation: $1.2B
Finance Director
Age: 49
Total Annual Compensation: $1.2B
Human Capital & General Affairs Director and Director
Age: 56
Total Annual Compensation: $1.2B
Compensation as of Fiscal Year 2014.

Pt Jasa Marga (Persero) Tbk Key Developments

SOE Plans To Sell The Government Stake In Four SOEs

In a recent coordination meeting held by the Coordinating Ministry for Economic Affairs with relevant ministries on July 12, 2016 the State-Owned Enterprises Ministry stated that they are planning to sell the government stake in four SOEs to the public and use the proceeds to finance development projects. Preparations are being made in case of four BUMN or SOEs for issuing preemptive rights (HMETD), namely publicly listed companies of Perusahaan Umum Pembangunan Perumahan Nasional (JKSE:KRAS), PT Krakatau Steel (Persero) Tbk (JKSE:KRAS), PT Wijaya Karya (Persero) Tbk (JKSE:WIKA) and PT Jasa Marga (Persero) Tbk (JKSE:JSMR). Aloysius Kiik Ro, The Deputy Minister for Restructuring and Business Development of the National Development Planning Ministry said said the rights issue of the four state companies will be worth about IDR 14.3 trillion.

Pt Jasa Marga (Persero) Tbk Presents at Macquarie Indonesia Commodities Conference, Sep-21-2015

Pt Jasa Marga (Persero) Tbk Presents at Macquarie Indonesia Commodities Conference, Sep-21-2015 . Venue: Ritz Carlton, Jl. Jendral Sudirman Kav. 52-53, Sudirman Central Business District, Pacific Place, Jakarta Selatan, DKI Jakarta 12190, Indonesia.

Five Investors Interested In Acquiring Project From Thiess Contractors

Five Investors are interested in acquiring Jakarta Outer Ring Road II project from PT Thiess Contractors Indonesia. Pt Jasa Marga (Persero) Tbk (JKSE:JSMR), PT Astratel Nusantara and PT Nusantara Infrastructure (JKSE:META) are said to be the bidders. Pt Jasa Marga (Persero) Tbk (JKSE:JSMR) offered to take a 55% stake, while PT Waskita Karya (Persero) (JKSE:WSKT) would own 35%, and PT Jakarta Propertindo, would take 5%. Jasa Marga set aside Rp 2 trillion for the acquisition.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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