Indonesia Digest: Sinarmas moves $107m asset from SG; Waskita defers selloff plan

Indonesia Digest: Sinarmas moves $107m asset from SG; Waskita defers selloff plan

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Sinarmas Group has moved a property asset worth $107 million (Rp 1.4 trillion) from Singapore to Indonesia, according to a filing on Monday. Meanwhile, state-owned infrastructure firm Waskita Karya has postponed its plan to divest 10 of its toll operator subsidiaries due to “lack of offers that matched with the company’s targets”.

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