Waskita Karya, Tbk (WSKT IJ) has established a subsidiary for toll road investment, Waskita Toll Road (WTR). The company has signed a Memorandum of Understanding (MoU) with MNC Infrastruktur to develop Pejagan-Pemalang Toll Road (PPTR) segment. WSKT has also expressing intention to acquire majority of PPTR’s shares.