Jakarta, CNBC Indonesia – Corporate action to increase capital by granting pre-emptive rights or rights issue PT Waskita Karya Tbk (WSKT) was only able to absorb Rp 9.44 trillion, of the maximum absorption target of Rp 11.93 trillion. Thus, this corporate action was only absorbed by 78.95% of the original target. Waskita Karya President Director … Read more
Jakarta, CNBC Indonesia – State-owned construction company, PT Waskita Karya Tbk (WSKT), through its subsidiary, PT Waskita Toll Road (WTR) disposed of all of its share ownership in PT Cibitung Tanjung Priok Tollways (PT CTP) as the Toll Road Business Entity (BUJT) the concession holder of the toll road Cibitung – Cilincing. WTR divested 55% … Read more
Jakarta, CNBC Indonesia – The default effect on the Chinese property company, Evergrande, has begun to have an impact on Indonesia, especially for property and construction companies. Most noticeable is the rising prices of material goods imported from the country, and raw materials originating from China. President Director of PT Waskita Karya Tbk (WSKT) Destiawan … Read more
Bisnis.com, JAKARTA – Good news has returned to the state-owned construction company, PT Waskita Karya (Persero) Tbk. (WSKT), which is working to restore financial performance. Waskita Karya announced that it had just completed the asset divestment process for the Cibitung – Cilincing toll road section worth a total of IDR 2.67 trillion. The transaction was … Read more
Jakarta, CNBC Indonesia – The Ministry of SOEs, through the Special Staff of the Minister of SOEs Arya Sinulingga, revealed that seven SOEs that no longer have business prospects and have not been operating for years will soon be closed, one of which is a state-owned enterprise by PT Istaka Karya (Persero). The other six … Read more
Jakarta, CNBC Indonesia – Deputy Minister of SOEs II, Kartika Wirjoatmodjo revealed the cause of PT Waskita Karya (Persero) Tbk (WSKT) having liabilities, including debt, which was quite high in the 2019 financial year which reached Rp 93.47 trillion. According to Tiko, his nickname, the high debt burden reached its peak in 2019 after Waskita … Read more
Jakarta, CNBC Indonesia – A total of four constituent stocks of the LQ45 Index, one of the main reference indices in the Indonesian stock market, in fact, sharply corrected from January to trading last Thursday (22/7/2021) or on a yearly basis (year to date). Data from the Indonesia Stock Exchange (IDX) recorded that the four … Read more
Jakarta, CNBC Indonesia – A total of five creditor banks approved the restructuring of BUMN loans by PT Waskita Karya Tbk (WSKT) with outstanding worth IDR 19.3 trillion. This value reached 65% of Waskita’s total loan which reached Rp 29.26 trillion from all of its creditors. However, details have not been disclosed regarding the changes … Read more
Jakarta, CNBC Indonesia – Deputy Chairperson of Commission VI of the DPR RI, Aria Bima, conveyed the results of the Joint Working Meeting of the Ministry of SOEs which was held on Wednesday afternoon (14/7/2021) regarding the proposed State Equity Participation (PMN). As a result, Commission IV of the DPR approved the proposed additional PMN … Read more
Jakarta, CNBC Indonesia – SOE Minister Erick Thohir again attended a Working Meeting (Raker) with Commission VI of the Indonesian House of Representatives on Wednesday afternoon (14/7) to discuss the contribution of SOEs in supporting the prevention of the Covid-19 pandemic and the amount of State Capital Participation (PMN) given to 12 companies. BUMN. This … Read more