Jakarta - PT Wijaya Karya Tbk (WIKA) has fulfilled its capital expenditure obligation of Rp402.03 billion and additional capital injection to PT Wika Tirta Jaya Jatiluhur.

Based on WIKA's disclosure of information to BEI on Monday (20/9), the capex budget came from State Equity Participation funds of Rp402 billion and internal cash of Rp30 million.

Thus, WIKA's share ownership in Wika Tirta is 80% from the previous 30%.

Meanwhile, other shareholders of Wika Tirta, namely PT Jaya Konstruksi Manggala Pratama Tbk (JKON), will be diluted from 60% to 17.44% shares and PT Tirta Gemah Ripah will be diluted from 10% to 2.56%.

WIKA will also make a capital deposit to Wika Tirta in the amount of Rp31.4 billion, which will be taken from the conversion of the advance payment of capital.

After the conversion, the remaining advance for WIKA's capital deposit in Wika Tirta is Rp370.63 billion.

Furthermore, for the remaining ca