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Indonesia’s Waskita Pay Debt US$169M After Raises Bank Loan

JAKARTA (TheInsiderStories) - The construction firm, PT Waskita Karya Tbk (IDX: WSKT) raised a bank loans Rp2 trillion from state-owned lender, PT Bank Negara...

Indonesia’s Waskita Toll Road Divests Asset for US$37M

JAKARTA (TheInsiderStories) - Indonesian toll builder, PT Waskita Toll Road (WTR) sold 30 percent of share ownership in the company unit, PT Kresna Kusuma Dyandra Marga...

Fitch Downgrades Waskita Beton Rating to CCC-

JAKARTA (TheInsiderStories) - Fitch Ratings Indonesia has downgraded precast concrete producer, PT Waskita Beton Precast Tbk' (IDX: WSBP) National Long-Term Rating to 'CCC-(idn) from earlier BB...

Indonesia’s Waskita Waskita Ready to Pay Debt US$78M

JAKARTA (TheInsiderStories) - The state-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) ready to pay the maturity debt in October of 2020 with total amount...

Indonesia’s Waskita Beton Fails to Pay Bond Interest

JAKARTA (TheInsiderStories) - PT Waskita Beton Precast Tbk (IDX: WSBP), a subsidiary of the state-owned construction company, PT Waskita Karya Tbk (IDX: WSKT), postponed...

Indonesia’s Waskita Karya Injects Capital US$83M to WTR

JAKARTA (TheInsiderStories) - Indonesian contruction firm, PT Waskita Karya Tbk (IDX: WSKT) plans to inject more capital to PT Waskita Toll Road (WTR) by...

PEFINDO Menurunkan Rating Waskita karena Masalah Keuangan

JAKARTA (TheInsiderStories) - PT Pemeringkat Efek Indonesia (PEFINDO) menurunkan peringkat obligasi PT Waskita Karya Tbk (IDX: WSKT) yang diterbitkan pada tahun 2015, 2016, dan...

PEFINDO Lowers Waskita’s Rating due to Financial Problems

JAKARTA (TheInsiderStories) - PT Pemeringkat Efek Indonesia (PEFINDO) lowers the ratings of PT Waskita Karya Tbk (IDX: WSKT) shelf-registered Bonds I of 2015, 2016,...

Waskita akan Divestasi Tiga Jalan Tol untuk Lunasi Hutang

JAKARTA (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) berencana untuk mendivestasi saham tiga jalan tol miliknya untuk melunasi hutang perusahaan yang semikin menumpuk,...

Indonesia’s Waskita to Divest Three Toll Roads to Pay Debt

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Waskita Karya Tbk (IDX: WSKT) planned to divest its statke in the three toll road units to...

Indonesia’s Waskita Karya Receives Funding US$878M

JAKARTA (TheInsiderStories) - Indonesian construction company, PT Waskita Karya Tbk (IDX: WSKT) received cash of Rp12.3 trillion (US$878.57 million) which derived from turnkey payment of...

Indonesia’s Waskita Toll Road to Divest Four Toll Roads in 2020

JAKARTA (TheInsiderStories) - PT Waskita Toll Road (WTR) plans to divest four toll roads in 2020, the management told media on Dec. 18. Three...

Indonesia’s Waskita Offers Global Bond US$375M in 2020

JAKARTA (TheInsiderStories) - Construction firm, PT Waskita Karya Tbk (IDX: WSKT) to sell seven or 10 years-global bond with worth of Rp5 trillion (US$375.14...

Indonesia’s Waskita Enters Steel Fabrication Business

JAKARTA (TheInsiderStories) - Indonesian construction firm, PT Waskita Karya Tbk (IDX: WSKT) enter new business by built steel plant in Cikande Modern Industrial Zones,...

Indonesia’s Wijaya Karya Eyes LRT Project in Philipines

JAKARTA (TheInsiderStories) - PT Wijaya Karya Tbk (IDX: WIKA), state-owned construction firm, joined a Philipines' light railway transit (LRT) tender along with other competitor...

Indonesia’s Waskita Raises Funds US$178M from Turnkey Projects

JAKARTA (TheInsiderStories) - State-owned developer, PT Waskita Karya Tbk (IDX WSKT) will receive payments from four turnkey projects that around Rp2.52 trillion (US$178.72 million), said...

Indonesia’s Waskita Seeks US$246M from Bond Issuances

Jakarta (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to release local bond worth of Rp3.5 trillion (US$246.47 million), said the...

Indonesia’ Waskita to Earn Funds US$2B in This Year

Jakarta (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) hoped to earn fresh funds up to Rp30 trillion or US$2.11 billion from projects using the...

Indonesia’s Waskita Inject Funds of US$84M in Its Toll Unit

JAKARTA (TheInsiderStories) - State-owned construction developer, PT Waskita Karya Tbk (IDX: WSKT) injected funds of Rp1.19 trillion (US$83.8 million) to its subsidiary, PT Waskita Toll Road...

Indonesia’s Waskita Raises Funds US$128.67 from Bond Issuances

JAKARTA (TheInsiderStories) – Indonesian toll road developer,  PT Waskita Karya Tbk (IDX: WSKT) raised funds Rp1.84 trillion (US$128.67 million) from a bond issuances. While, its...

Indonesia’s Waskita to Issues Local Bond US$345M in 2019

JAKARTA (TheInsiderStories) - A state-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to issue Rp5 trillion (US$344.82 million) bond, in the second semester of...

Indonesia Waskita’s Unit Raises US$365M From Mutual Fund

JAKARTA (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) through ​​its subsidiary PT Waskita Toll Road (WTR) funding worth Rp5 trillion (US$364.96 million) by issuing Mutual...

Elevated Project Moratorium Pressures Private Contractors

JAKARTA (TheInsiderStories) – The Government's emergency decision to halt all elevated transportation projects across the country will certainly exert an impact on private contractors involved in...

Jasa Marga’s Komodo Bond Beats Market Expectation

JAKARTA (TheInsiderStories) - Indonesian toll-road operator PT Jasa Marga Tbk (IDX: JSMR) has opened the offshore rupiah, or known as Komodo bond, the market...

Jasa Marga Encouraged to Buy Waskita’s Divested Toll Roads

JAKARTA (TheInsiderstories) – State-owned toll road operator PT Jasa Marga Tbk (IDX:JSMR) has the opportunity to become the majority owner of the Trans-Java toll...