WSBP Carries Out Phase VII CFADS Payment
To date, WSBP has completed seven phases of CFADS payments totaling Rp650.87 billion to creditors. The seventh-phase payment consisted of several components: interest payments to Financial Creditors (Banks) of Rp38.24 billion, coupon payments for the Waskita Beton Precast I & II Bonds 2022 of Rp3.51 billion, and payments to Trade Creditors (both Active and Former Trade Creditors) of Rp67.47 billion.
In line with fulfilling these obligations, WSBP also continues its operational activities and project completion across various regions. Several ongoing projects include the South Sumatra Public School Construction Project, the DPR 1 Building and Complex Construction Project in the IKN, the Palembang- Betung Toll Road Section 1 Project, the Bener Dam Package II Project in Purworejo, and the Patimban Access Toll Road Construction Project Package II, with progress maintained as part of efforts to ensure the continuity of WSBP’s operational performance.
“WSBP continues to ensure that ongoing projects are completed on schedule while prioritizing quality and timeliness,” said Fandy Dewanto, Vice President of Corporate Secretary WSBP.
WSBP continues to prioritize the principle of prudence in financial and operational management, reflected through cost-efficiency measures, capital expenditure optimization, and supply chain strengthening.
WSBP is also committed to consistently applying Good Corporate Governance (GCG) in all business activities, serving as the foundation for ensuring business sustainability and delivering value to all stakeholders. All steps taken by WSBP are part of efforts to maintain governance discipline, implement measured risk management, and ensure that project selection is conducted selectively while considering sound financing aspects.