{
    "success": true,
    "data": {
        "id": 2034409,
        "msgid": "moya-indonesia-moya-forms-joint-venture-to-develop-water-infrastructure-at-two-sites-1791823814",
        "date": "2026-10-12 17:01:40",
        "title": "Moya Indonesia (MOYA) Forms Joint Venture to Develop Water Infrastructure at Two Sites",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Infrastructure",
        "summary": "Moya Indonesia has formed a Rp6.60 billion joint venture with PT Pertiwi Lestari to develop and operate clean-water and wastewater infrastructure in Karawang and West Jakarta. The project will include treatment and recycling plants, as well as water and wastewater networks; the company said the venture would have no material effect on its operations or financial position.",
        "content": "<p>KONTAN.CO.ID \u2013 JAKARTA. PT Moya Indonesia Tbk (MOYA) has formed a\njoint venture, PT Air Pertiwi Lestari, with PT Pertiwi Lestari. The\nventure was established to carry out a project to build and operate\nclean-water and wastewater treatment infrastructure in Karawang and West\nJakarta.<\/p>\n<p>According to an information disclosure submitted to the Indonesia\nStock Exchange (IDX) on Monday (12 October 2026), the joint venture was\nformed on 12 October 2026. The reported transaction value was Rp6.60\nbillion.<\/p>\n<p>Moya Indonesia said PT Air Pertiwi Lestari would undertake a project\ncovering the construction and operation of a Water Treatment Plant\n(WTP), Waste Water Treatment Plant (WWTP) and Water Recycle Plant (WRP).\nThe project will also include clean-water and wastewater networks.<\/p>\n<p>A WTP is a facility for treating water, while a WWTP is used to treat\nwastewater. A WRP treats water so that it can be reused for its intended\npurpose.<\/p>\n<p>Any sale, transfer, encumbrance, granting of security over, or\ndisposal of rights to some or all of the shares in the joint venture\nmust first be approved at a general meeting of shareholders (GMS).<\/p>\n<p>Shareholders also have tag-along rights if one shareholder intends to\ntransfer its shareholding.<\/p>\n<p>Moya Indonesia said the establishment of PT Air Pertiwi Lestari would\nhave no material impact on the company\u2019s operations, legal matters,\nfinancial condition or business continuity.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/moya-indonesia-moya-forms-joint-venture-to-develop-water-infrastructure-at-two-sites-1791823814",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}