WIKA - PT. Wijaya Karya (Persero) Tbk

Rp 1.030

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JAKARTA – PT Wijaya Karya (Persero) Tbk (WIKA) adds another capital investment of IDR 162.74 billion in PT Wijaya Karya Industri Konstruksi (Wika Industri Konstruksi) through issuing the treasury stock. This affiliate transaction took place earlier this week (29/6).

Mahendra Vijaya, the Corporate Secretary of WIKA, announces that this additional capital intends to cover the purchase of assets of PT Bangun Sarana Baja (BSB). “This issued and paid-up capital injection was done by issuing the treasury stock of Wika Industri Konstruksi,” Vijaya admits through the information disclosure, quoted Friday (2/7).

According to Vijaya, this additional capital aims to maintain WIKA’s ownership portion in Wika Industri Konstruksi. Therefore, this affiliate transaction would be announced to the Financial Services Authority (OJK), following the OJK Regulation 42/2020.

WIKA currently controls 98.395% of Wika Industri Konstruksi. Furthermore, the President Commissary of Wika Industri Konstruksi, Rudy Hartono, is the Quality, Safety, Health, & Environment Director in WIKA. (LK/ZH)