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Indonesia: Waskita Sells Two Toll Roads to SMI for US$141M

JAKARTA (TheInsiderStories) - State firm, PT Waskita Toll Road (WTR) has sold two toll roads with share swap and cash payment transaction with PT Sarana Multi...

Indonesia’s Waskita Eyes New Contract US$4.5B from Foreign Market

JAKARTA (TheInsiderStories) - State construction firm, PT Waskita Karya Tbk (IDX: WSKT) eyes a new contract Rp71 trillion (US$4.49 billion) from foreign markets over the next...

Indonesia’s Waskita Toll Road Sold 20% Unit Shares for US$105M

JAKARTA (TheInsiderStories) - PT Waskita Toll Road (WTR) has sold 20 percent shares of Semarang - Batang toll road to Samuel Asset Toll Road Management Limited...

Japan’s TOA Partners with Waskita Beton to Enter Indonesian Market

JAKARTA (TheInsiderStories) - Japanese firm, TOA Corporation, partnering with local company, PT Waskita Beton Precast Tbk (IDX: WSBP) to enter Indonesian market, the management announced...

Indonesia’s Waskita Karya Needs US$1.4B to Build Toll Roads

JAKARTA (TheInsiderStories) - The state-owned firm, PT Waskita Karya Tbk (IDX: WSKT) need funds up to Rp20 trillion (US$1.43 billion) to complete the construction a number...

Terregra Asia, Waskita Working on Renewable Energy Projects

JAKARTA (TheInsiderStories) - Two Indonesian companies, PT Terregra Asia Energy Tbk (IDX: TGRA) and PT Waskita Karya Tbk (IDX: WSKT) have signed a master agreement...

Indonesia’s Waskita to Divesting 11 Toll Roads, Eyes US$2B

JAKARTA (TheInsiderStories) - The state construction firm, PT Waskita Karya Tbk (IDX: WSKT) plans to divesting 11 toll roads with target funds up to Rp31...

Indonesia’s Waskita to Divests Nine Toll Roads Next Year

JAKARTA (TheInsiderStories) - The contractor company, PT Waskita Karya Tbk (IDX: WSKT) announced to divest nine toll roads in 2021 an eyes fresh funds up to...

Indonesia’s Waskita Receives US$40M from the Sales of Mutual Fund

JAKARTA (TheInsiderStories) - PT Waskita Toll Road (WTR), unit of state-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT), received funding worth of Rp550 billion (US$39.007...

Indonesia’s Waskita Only Divests Two Toll Road Assets in 2020

JAKARTA (TheInsiderStories) - The construction firm, PT Waskita Karya Tbk (IDX: WSKT) announced only divest two toll roads in this year caused the impact...

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...
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