The Ministry of Finance is targeting a due diligence on the transfer of Whoosh shares in December.
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The Ministry of Finance (Kemenkeu) is targeting completion of the due diligence process related to the transfer of shares and handling of financing obligations for the Jakarta-Bandung High-Speed Rail (Whoosh) project by December 2026.
The government is preparing a draft Presidential Regulation (Perpres) simultaneously with the due diligence process for the transfer of Whoosh shares to the Ministry of Finance.