Different Fate Mini Bank, 2 Cuan, 2 Ambles! WSKT-Bank Jago Drop

Jakarta, CNBC Indonesia – A total of two shares of issuer mini banks (with core capital below Rp 6 trillion), such as PT Bank Bumi Arta Tbk (BNBA), entrenched as top gainers at the close of trading today, Friday (12/11/2021). Meanwhile, two other mini-bank stocks, PT Bank Jago Tbk (ARTO) and PT Bank Oke Indonesia […]

Speeding Divestment Process, Waskita Karya (WSKT) Shares Ready to Rp1,300?

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 […]

Observing the Origins of Waskita Karya’s Jumbo Debt Pile

PT Waskita Karya (Persero) Tbk is struggling with a pile of jumbo debts reaching Rp 89.2 trillion by the end of 2020. However, the company has received a lot of support from the government through various channels. Then, what makes the debt of the state-owned construction company soar? The total debt of the issuer codenamed […]

Waskita Releases Medan-Kualanamu Toll Shares to Hong Kong Investors Rp. 824 Billion

TEMPO.CO, Jakarta – PT Clairvoyant Karya (Persero) Tbk through its subsidiary PT Waskita Toll Road divested shares worth Rp 824 billion for the concession of the Medan-Kualanamu-Tebing Tinggi Toll Road. The 30 percent stake for the expressway was bought by investors of Kings Ring Limited – the Road King Expressway (RKE) business group – from […]

Waskita AGMS Approves a Loan of IDR 15.3 Trillion with a Government Guarantee

JAKARTA, KOMPAS.com – General meeting Shareholder Annual (RUPST) Fiscal Year 2020 which was held in Jakarta, Tuesday (20/04/2021), approved the plan Clairvoyant to obtain funding with guarantee from the Government. Waskita targets to receive funding of Rp 15.3 trillion from bank loans and the issuance of bonds or sukuk. Waskita will use the funds obtained […]

Loss of Rp. 7 T, Waskita Believe in Increasing Employee Salaries

Jakarta, CNBC Indonesia – The Covid-19 pandemic has indeed depressed almost all companies from various sectors of their financial performance. This of course causes management to try to reduce the company’s expenses. One of them is, of course, by reducing the workforce burden through cutting employee salaries. In fact, not a few companies have been […]

Dahlan Iskan & BUMN Karya Bankruptcy Alarm that Sounds!

Jakarta, CNBC Indonesia – Dahlan Iskan, the former Minister of BUMN, believes that the prediction of the economists regarding the resilience of BUMN Infrastructure is only a matter of time. The position of BUMN Karya is described as being difficult or very difficult. The construction sector has indeed become one of the sectors most affected […]

Waskita-Terregra Duet Working on Jumbo EBT Project, Rp. 12.5 T

Jakarta, CNBC Indonesia – The state-owned construction company PT Waskita Karya (Persero) Tbk (WSKT) and an issuer that focuses on renewable energy, PT Terregra Asia Energy Tbk (TGRA) signed a Master Agreement (MoA) on Tuesday (5/1/2021). This MoA is for the construction of 5 micro hydro power plants (PLTMH) in North Sumatra Province and 2 […]

Issue RDPT, Waskita Toll Road Raises IDR 550 Billion

JAKARTA, KOMPAS.com – PT Clairvoyant Toll Road ( WTR) obtain funding of IDR 550 billion through the sale of Limited Participation Mutual Funds Equity Danareksa (RDPT) Infrastructure for PT Kresna Kusuma Dyandra Marga (KKDM) to Mutual Funds. The signing of the KKDM Shares Sale and Purchase Deed (AJB) was carried out on Wednesday (11/18/2020), in […]

Boosting Non-Investment Business, Waskita Sells Becakayu Toll Road in November 2020

JAKARTA, KOMPAS.com – PT Clairvoyant Karya (Persero) Tbk will increase the portion of non- investation or conventional Year 2021. President Director of PT Waskita Karya (Persero) Tbk Destiawan Soewardjono said that increasing conventional business is expected to be obtained from government and private projects so that there is a balance with the investment business. “This […]