JAKARTA (Yosefardi) – Toll road operator PT Citra Marga Nusaphala Persada Tbk (CMNP) is now talk or negotiation with Credit Suisse AG Singapore and 5 local institutions, for acquiring 71% shares of PT Nusantara Infrastructure Tbk (META).
Now Credit Suisse holds 43% META shares while 5 local institutions own 28% shares. Credit Suisse earlier set META price at Rp200 per unit, but now META is traded at Rp87 per share. This morning META soared 16%.
CMNP offers to buy META at Rp50 per share. While 5 local institutions set META price at Rp90. META allocates capital expenditure (capex) of minimum Rp1.6 trillion for this year.