KUALA LUMPUR: Khazanah Nasional Bhd, Malaysia’s sovereign wealth fund, received an offer of about US$500mil for its stake in an Indonesian toll-road operator, according to a source.
Indonesia’s Astra Infra teamed up with the Canada Pension Plan Investment Board (CPPIB) in bidding for PT Lintas Marga Sedaya, the concession holder of a 117km toll road connecting Jakarta to Cirebon in the western part of the Java island, said the source.
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