Indonesia Digest: Wika to raise $498m from rights issue; Impack Pratama to pocket $38m via bonds

Indonesia Digest: Wika to raise $498m from rights issue; Impack Pratama to pocket $38m via bonds

Visual from the company website

State-owned construction firm PT Wijaya Karya Tbk (WIKA) is set to reap Rp 6.14 trillion ($498 million) through a planned rights issue. Meanwhile, public company PT Impack Pratama Industri announces plans to raise Rp 500 billion ($38 million) from a bond issuance.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter