Well said.. The only concern I have for litrak is whether they are able to negotiate with the current gov to extend their concession tenure beyond year 2030. If the gov grants them extension even with reduced toll rate is still better off for them given their their borrowings is going to be fully paid in year 2023.
Stock: [LITRAK]: LINGKARAN TRANS KOTA HOLDINGS
2020-05-04 23:46 | Report Abuse
Well said.. The only concern I have for litrak is whether they are able to negotiate with the current gov to extend their concession tenure beyond year 2030. If the gov grants them extension even with reduced toll rate is still better off for them given their their borrowings is going to be fully paid in year 2023.