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Maroc Maroc - NST.COM.MY - A La Une - 02/Jul 11:48

Metro Pacific and GIC ink US$1b deal for stake in Indonesian toll road operator

BENGALURU: Philippine-based Metro Pacific Tollways and Singapore sovereign wealth fund GIC have taken a stake worth US$1 billion in a unit of Indonesian toll road operator PT Jasa Marga, the Philippine firm’s Hong Kong-listed parent First Pacific said on Tuesday.

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