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WIKA

Whoosh burden bleeding finances, WIKA tells House
Companies 1 year ago

PREMIUM
Whoosh burden bleeding finances, WIKA tells House

House Commission VI has heard from WIKA's president director that the state-owned construction f...
WIKA to raise fund for work on Jakarta's sea wall, new capital city
Companies 1 year ago

PREMIUM
WIKA to raise fund for work on Jakarta's sea wall, new capital city

State-owned construction firm PT Wijaya Karya (WIKA) is seeking to raise Rp 9.22 trillion (US$580.6 ...
WIKA strikes $1.54 billion debt restructuring deal with 11 lenders
Companies 1 year ago

PREMIUM
WIKA strikes $1.54 billion debt restructuring deal with 11 lenders

The struggling state-owned construction firm said in a statement on Wednesday that 11 financial inst...
IDX suspends Wijaya Karya shares for missed principal deadline
Companies 1 year ago

PREMIUM
IDX suspends Wijaya Karya shares for missed principal deadline

The bourse has suspended Wijaya Karya shares after the state-owned construction firm missed a Monday...
IDX explains why Waskita Karya may be delisted
Companies 1 year ago

PREMIUM
IDX explains why Waskita Karya may be delisted

The IDX revealed on Friday why the shares of state-owned construction firm Waskita Karya may face de...
Govt to make Waskita Karya subsidiary of Hutama Karya after restructuring
Companies 1 year ago

PREMIUM
Govt to make Waskita Karya subsidiary of Hutama Karya after restructuring

The government plans to make state-owned construction firm PT Waskita Karya a subsidiary of another ...
Analysis: WIKA to receive Rp 8 trillion cash injection despite fraud allegations
Opinion 2 years ago

PREMIUM
Analysis: WIKA to receive Rp 8 trillion cash injection despite fraud allegations

The State-Owned Enterprises (SOEs) Ministry has proposed to the House of Representatives an increase...
Consortium involving Incheon operator starts running Batam airport
Companies 3 years ago

PREMIUM
Consortium involving Incheon operator starts running Batam airport

A consortium with an investment value of Rp 6.8 trillion (US$ 462.4 million) has started work to ope...
Construction SOEs set high targets for new contracts in 2021
Business 4 years ago

PREMIUM
Construction SOEs set high targets for new contracts in 2021

Crunched by contract and payment delays in 2020, revenue of construction companies in...
Jakarta-Bandung high-speed railway progresses by 64%, completes drilling of fifth tunnel
Business 4 years ago

Jakarta-Bandung high-speed railway progresses by 64%, completes drilling of fifth tunnel

Company aims to complete the drilling of two other tunnels over the next two months.
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