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Trans Jabar Toll seizes extra capital worth IDR 21.25 billion

07 July 2022 06:46

JAKARTA – PT Trans Jabar Toll (TJT) gains extra capital investment of IDR 21.25 billion from its parent company, PT Waskita Toll Road (WTR) through the issuance of 41,512 shares. WTR is a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT) with an ownership percentage of 92.10%.

Quoting the information disclosure today (7/7), the number of TJT’s shares will rise to 3,646,047 units worth IDR 1.82 trillion in total from the previous 3,603,535 shares of IDR 1.80 trillion in total. After this capital raise, WTR’s portion in TJT will remain at 99.9%, leaving Koperasi Waskita the remaining 0.01%.

Said transaction is equivalent to 0.13% of WSKT’s equity reported in March 2022 of IDR 16.03 trillion and 0.10% of WTR’s equity in May 2022 of IDR 22.26 trillion.

TJT is a managing company of the Bogor-Ciawi-Sukabumi Tollway. This toll road will connect Bogor and Sukabumi with a 54-km highway and will become a vital access for transportation from the Jagorawi Tollway. (LK/ZH)

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