JAKARTA. PT Waskita Beton Precast Tbk (WSBP) seems to be undefatigable. After built precast concrete factory in this year, the compay has started planning to build two other factories in 2017 with a total investment of Rp 1.1 trillion. The investment funds are derived from the initial public offering (IPO) and the loans from banks. As an information, as of September 2016 Waskita Beton had secured IDR5.16 trillion of funds after releasing 40% of its shares to public at Indonesia Stock Exchange (IDX). Waskita Beton schedules to operate the two new factories in the second semester of 2017. The products of the new factories will supply the markets in Sumatra, Kalimantan, and Sulawesi. However, the exact production capacities and location of each factory remain unclear.
WSBP to invest Rp 1,1 trillion in new factories
JAKARTA. PT Waskita Beton Precast Tbk (WSBP) seems to be undefatigable. After built precast concrete factory in this year, the compay has started planning to build two other factories in 2017 with a total investment of Rp 1.1 trillion. The investment funds are derived from the initial public offering (IPO) and the loans from banks. As an information, as of September 2016 Waskita Beton had secured IDR5.16 trillion of funds after releasing 40% of its shares to public at Indonesia Stock Exchange (IDX). Waskita Beton schedules to operate the two new factories in the second semester of 2017. The products of the new factories will supply the markets in Sumatra, Kalimantan, and Sulawesi. However, the exact production capacities and location of each factory remain unclear.