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Waskita Karya's (

WSKT

IJ; Rp2,560; Buy) subsidiaries, Waskita Toll Road, obtained fresh fund of Rp3.5tn from PT Taspen and PT Sarana Multi Infrastruktur which both injected equity to WTR through non-government budget investment payment scheme ( PINA ). After the injection, Taspen and SMI have 16.6% and 12.4% while

WSKT

now owns 70.9% of WTR's ownership with equity increased to Rp10tn from previously Rp6.5tn. (Kontan)
 Comment: The injection of SMI and Taspen may subject to government approval but it is positive for

WSKT

as it will have its working capital improved which can be used to finance future projects.  
Sumber : IPS RESEARCH