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 … Read more

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 … Read more

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 … Read more

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 … Read more

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 … Read more

Waskita Karya Continues Dam Construction During the Pandemic, This is the Progress

One of the projects undertaken by PT Waskita Karya (Waskita). Photo doc Waskita jpnn.com, JAKARTA – PT Waskita Karya (Persero) Tbk is currently working on several dams in Indonesia. PT Waskita Karya’s Director of Operation II Bambang Rianto said that project work will continue to comply with the Covid-19 health protocol. “The Covid-19 pandemic has … Read more