October 24, 2014 8:24 AM ET

Construction Materials

Company Overview of PT. Wijaya Karya Beton, Tbk

Company Overview

PT Wijaya Karya Beton, Tbk manufactures and sells precast concrete products in Indonesia. It offers pre-stressed concrete poles (PC poles), such as distribution electrical, transmission electrical, telecommunication, catanery, lighting, and netting pc poles; PC piles, including spun piles, square piles, spun square piles, and triangular piles; railway sleepers; and retaining walls. The company also produces bridge concrete products, comprising I-Girder type, concrete diaphragm, half slab, and double tees, as well as U, T, V, and box girders; hydro structure concrete products; maritime concrete products; building and housing concrete products consisting of precast walls, slabs, columns, block...

Jl. Raya Jatiwaringin no. 54

Jati Cempaka

Pondokgede

Kota Bekasi,  17411

Indonesia

Founded in 1997

Phone:

62 21 8497 3363

Fax:

62 21 8590 5570

Key Executives for PT. Wijaya Karya Beton, Tbk

PT. Wijaya Karya Beton, Tbk does not have any Key Executives recorded.

PT. Wijaya Karya Beton, Tbk Key Developments

Wijaya Karya Seeks To Acquire Concrete Company In Batam

PT. Wijaya Karya Beton intends to acquire a precast concrete company in Batam, Riau Islands. The company intends to raise IDR 1.3 trillion from initial public offering (IPO).

Update On Wijaya Karya Beton's IPO

PT. Wijaya Karya Beton is looking for initial public offering (IPO) this year 2014. Wijaya Karya is still awaiting permission for conducting the IPO from the Financial Services Authority. Puji Haryadi, Corporate Secretary of Wika Beton, said the company hopes to get permission to sell shares to the public this year although they have to wait for the permission from the OJK. The company has filed a permit to use September 2013 financial book. "Hopefully the permit can be issued in the first quarter. As to the number of shares to be issued, it cannot be revealed now," Haryadi said to IFT.

Wijaya Karya Beton To Launch IPO In First Quarter Of 2014

PT. Wijaya Karya Beton is planning to launch an initial public offering (IPO) in the first quarter of 2014, and and has roped in four brokerage firms to manage the listing, reported the Jakarta Globe citing Entus Asnawi, Finance Secretary of Wijaya Karya Beton. Entus Asnawi informed that Wijaya Karya has appointed Bahana Securities, Mandiri Sekuritas, Danareksa Sekuritas and Sucorinvest Central Gani as underwriters for the IPO. Wijaya Karya said, "We will sell more than 20% in the IPO." Wijaya Karya howeverdid not provide any further information about the offering, which is also the nation's first IPO in 2014.

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