JAKARTA. PT Jaya Konstruksi Manggala Pratama Tbk (JKON) has provided a capital injection of IDR 7.51 billion for PT Wika Tirta Jaya Jatiluhur (WTJJ).

CF Jopi Sulistio, Corporate Secretary of JKON, said that the capital injection was given by the company on September 2, 2024. "The transaction has no material impact on operational activities," said Sulistio, in his official statement.

According to idnfinancials.com data, WTJJ is a Business Entity for Implementing (BUP) Government Cooperation with Business Entities (KPBU) for the Jatiluhur I Regional Drinking Water Supply System (SPAM) Project which was established on February 15, 2021.

WTJJ was formed with a share ownership composition of 80% by PT Wijaya Karya (Persero) Tbk (WIKA). The rest is owned by PT Jaya Konstruksi Manggala Pratama (JAKON) and PT Tirta Gemah Ripah (TGR). (KR/LM)