Waskita Plans to Sell Palembang LRT’s Receivables Through Factoring Scheme

Waskita Karya, Tbk (WSKT:IJ) plans to sell its Palembang light rail transit (LRT)’s receivables through factoring scheme in 2018 to finance investors as the potential buyer. The company plans to sell IDR9.1Trn receivables of the total IDR10.9Trn project value.To subscribe please click here