Waskita Company Profile
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COMPANY PROFILE PT WASKITA KARYA (PERSERO) TBK COMPANIES BACKGROUND Total Assets (IDR Bio) • PT Waskita Karya (Persero) Tbk, ticker code: WSKT:IJ, is Indonesia’s largest state owned construction company engaged in 5 business lines; construction services, toll road 124.392 128.952 investment, precast concrete, realty and energy. • Waskita Karya was first established as a foreign company 97.896 named Aannemings Maatschapiij N,V, Then became nationalized as State Owned Company in 1961. 61.433 • Listed in Indonesia Stock Exchange in December 2012 by 30.309 12.542 8.366 issuing new shares amounting Rp1,2 T. 8.788 5.116 4.079 3.701 2.228 • Issued new shares in June 2015 through Rights Issue with FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 the total Rp5,29 T : o Government Capital Injection Rp3,499 T Ownership – 2019 o Public Rp1,798 T • Issued new shares of PT Waskita Beton Precast Tbk through IPO in Indonesia Stock Exchange on 20 September 2016 with the total proceed amounting Rp5,2 T. Government 66% Public 34% CORPORATE MANAGEMENT STRUCTURE Badrodin Haiti M.Fadjroel Muradi Bambang Setyo Ahmad Erani T. Iskandar Robert Leonard President Rachman Independent Wahyudi Yustika Commissioner Marbun Commissioner Commissioner Commissioner Independent Commissioner Commissioner Commissioner Destiawan Soewardjono Taufik Hendra Kusuma Hadjar Seti Adji I Ketut Pasek Senjaya Bambang Rianto Gunadi Luki Theta Putra Handayani President Director Director of Finance and Director of Human Director Director Director Director of Business Risk Management Capital & System of Operation I of Operation II of Operation III Development & QSHE Development COMPANY PORTFOLIO Construction Investment Construction Industry Civil, EPC & Civil, EPC & Precast Concrete Toll Road Realty Infrastructure Bulding Bulding Fabrication Civil and Building • Build and Operate Realty and Property Develop Infrastructure Civil and Building • Listed in IDX on 20 construction including: Toll Road Development, focusing projects including: construction including: September 2016 by • Airport on high rise building: - Power Plant • Airport issuing new shares • Harbour • Engage in 16 - Hotel - Water Treatment • Harbour amounting Rp 5,2 T • Toll Road sections in Java & - Apartment - Pipeline • Toll Road • Train Rail Road Sumatera - SOHO - etc • Train Rail Road • Production of high- • Bridge - Office • Bridge quality concrete • Building - Mixed Use • Building products including: • Energi (power • Energi (power - Girder plants) plants) - Spun Pile • Oil & Gas • Oil & Gas - Box Culvert • Industry • Industry - Sheet Pile • Etc • Etc - dll 4 BUSINESS LINE WASKITA GROUP CORPORATE STRUCTURE Masyarakat Pemerintah 33,96% 66,04% PT Waskita Karya (Persero) Tbk 59,99% 80,56% 99,99% 99,99% 20,00% 20,00% PT Waskita Beton Precast Tbk PT Waskita Toll Road PT Waskita Karya Realty PT Waskita Karya Infrastruktur PT Prima Multi PT PP Sinergi Terminal Banjaratma 99,99% 99,70% 98,18% 60,00% 60,00% 90,00% 75,00% 99,90% 55,00% 60,00% 60,00% 94,70% 99,99% PT Waskita PT Waskita PT Pemalang PT Cibitung PT Waskita PT Waskita Fim PT Trans Jabar PT Kresna PT Tol Teluk PT Waskita PT Cimanggis PT Waskita Sangir PT Waskita Wado Sriwijaya Tol Bali Batang Tanjung Priok Modern Perkasa Realti Tol Kusuma Balikpapan Bumi Wira Cibitung Tollways Energi Energi Dyandra Marga Mandara Tol Road Port Tollways Realti 25,00% 25,00% 39,50% 35,00% 40,00% 30.00% 15,00% 30.00% PT Cinere PT Jasamarga PT Hutama PT Citra Karya PT Jasa Marga PT Citra PT Hotel Karya Serpong Jaya Semarang Batang Marga Waskita Jabar Tol Kualanamu Toll Waspphutowa Indonesia 99,99% 77,69% 99,99% PT Pejagan PT Semesta PT Trans-Jawa Paspro Pemalang Tol Road Marga Raya Jalan-Tol 22,31% 6 EPC AND INDUSTRIAL PROJECT Cimanggis - Cibitung Toll Road PROJECT EXPERIENCE Cement Silo P14 Plant Capacity 10000 tpd at Citeureup Owner PT. Sinoma Engineering Indonesia Location Citeureup, West Java, Indonesia Project Value Rp 192.053.400.000,- (Incl.VAT) Contract Value Rp 235.004.737.327,- (Incl.VAT) (Incld.Addendum) Contract Scheme Unit Price Duration as Contract 1 January 2014 – 31 December 2014 Actual Duration 1 January 2014 – 12 December 2018 (Incld.Addendum) 1. Cement Silo 2. Civil Works at Cement Grinding Scope Of Works 3. Civil Works at Cement Mill Feed 4. Civil & Finishing Works at Coal Storage 8 PROJECT EXPERIENCE Baturaja Cement Project (Plant II) Owner CBMI - DDK JO Location Palembang, South Sumatra, Indonesia Project Value Rp 101.864.283.077,- (Incl.VAT) Contract Value Rp 101.864.283.077,- (Incl.VAT) (Incld.Addendum) Contract Scheme Lump Sum Fixed Price Duration as Contract 16 August 2015 – 17 August 2016 Actual Duration 16 August 2015 – 16 February 2017 (Incld.Addendum) CIVIL WORK 1. Main Substation Building 6. Water Treatment Building 2. Cement Silo 7. Raw Material Dosing Scope Of Works 3. Cement Component Dosing 8. Sandy Clay – Trench 4. Clinker Silo 2 & 3 9. Limestone Storage 5. Coal Storage 10. Cement Grinding Building 9 PROJECT EXPERIENCE Silo and Packing Plant Dumai Owner PT. Semen Padang Location Dumai, Riau Project Value Rp 52.662.500.000,- (Excl.VAT) Contract Value Rp 52.662.500.000,- (Excl.VAT) (Incld.Addendum) Contract Scheme Lump Sum Fixed Price Duration as Contract 6 July 2009 – 1 May 2010 Actual Duration 6 July 2009 – 1 May 2010 (Incld.Addendum) 1. Cement Silo 2. Packer Building Scope Of Works 3. Unloading Faculity 4. Office & Others Facility 10 PROJECT EXPERIENCE CC-1 Package : Civil Construction for Foundation and Upper Structure Building Indarung Project Owner PT. Semen Padang Location Padang, Sumatra, Indonesia Project Value Rp 169.290.000.000,- (Incl.VAT) Contract Value Rp 180.167.022.566,- (Incl.VAT) (Incld.Addendum) Contract Scheme Unit Price Duration as Contract 17 October 2014 – 5 July 2015 Actual Duration 17 October 2014 – 9 August 2016 (Incld.Addendum) 1. Cyclone Preheater Upper Structure 2. Kiln Feed Structure 3. Raw Mill Foundation Scope Of Works 4. CF Silo Structure 5. Kiln Foundation 11 PROJECT EXPERIENCE CC-8 Package : Civil Works Construction of Indarung VI Project Owner PT. Semen Padang Location Padang, Sumatra, Indonesia Project Value Rp 140.880.597.000,- (Excl.VAT) Contract Value Rp 156.764.192.211,- (Excl.VAT) (Incld.Addendum) Contract Scheme Unit Price Duration as Contract 7 August 2015 – 3 May 2016 Actual Duration 7 August 2015 – 27 February 2017 (Incld.Addendum) 1. Silo Clinker Teluk Bayur 2. Unloading Clinker 3. Raw Coal Handling Scope Of Works 4. CCR Building 5. Substation CCR 6. Transport Tunnel 12 PROJECT EXPERIENCE Engineering, Utility, Building, Civil Works Facilities and Prototipe Nitrogliserin Project Owner PT Dahana (Persero) Location Subang, West Java, Indonesia Project Value Rp 108.900.000.000,- (Excl.VAT) Contract Value (Incld.Addendum) Rp 108.900.000.000,- (Excl.VAT) Contract Scheme Lump Sum Fixed Price Duration as Contract 22 October 2015 – 18 July 2016 Actual Duration 22 October 2015 – 28 April 2017 (Incld.Addendum) Phase I : Phase II : 1. Engineering & Site Preparation 1. Engineering & Site Preparation 2. Civil & Steel Structure Worksfor 2. Civil & Steel Structure Works Utility Building Utility Building and Main Process Scope Of Works 3. Utility Procurement (ME) 3. Pek. Procurement, Instalation dan Commissioning Utility Work (MEWork) 4. Process Equipment Installation 13 PROJECT EXPERIENCE Genyem Hydro Power Project 2x10MW Owner PT PLN (Persero) Project Location Papua, Indonesia Project Value Rp. 231.397.521.640,- (Excl.VAT) Contract Value (Incld.Addendum) Rp. 487.420.463.423,- (Excl.VAT) Contract Scheme Lump Sum Fixed Price Duration as Contract 24 November 2008 – 30 December 2015 Actual Duration (Incld.Addendum) 24 November 2008 – 23 December 2015 1. Design, Drawing and Documentation 2. Civil Works . Weir & River Intake . Penstock Civil Works . De-sedimentation Basin & . Powerhouse and Tailrace Scope Of Works Headrace Culvert . Access Road & Bridge . Tunnel Inlet Portal . 20 KV Local Supply Line . Tunnel Construction . Reservoir Clearance . Valve House Portal 3. Plant, Equipment and Mandatory Spare parts 14 PROJECT EXPERIENCE EPC Construction of SangirMini Hydro Power Plant2 x 5MW Owner PT Waskita Sangir Energy Project Location Sangir, Sumatra Barat, Indonesia Project Value Rp. 166.766.903,- (Excl.VAT) Contract Value Rp. 265.826.618.105,- (Excl.VAT) (Incld.Addendum) Contract Scheme Lump Sum Fixed Price Duration as Contract 29 November 2013 – 22 February 2015 Actual Duration 29 November 2013 – 18 November 2016 (Incld.Addendum) 1. DED 2. Main Works . Coffering & Dewatering . Inspection Road & SideDitch Intake, Main Dam, Transition Tunnel Civil Work / Saddle Support Scope Of Works . Sandtrap for Penstock . Waterway . Powerhouse & Tailrace . Syphon . Metal Work . Head Pond & Emergency . Generating Equipments 15 PROJECT EXPERIENCE LebakTundunMini Hydro Power Plant 2 X 4MW Owner PT. Bayu Daya Perkasa Project Location Banten, Indonesia Project Value Rp 91.286.967.000,- (Excl.VAT) Contract Value Rp. 126.251.021.000,- (Excl.VAT) (Incld.Addendum) Contract Scheme Lump Sum Fixed Price Duration as Contract 20 June 2014 – 13 September 2015 Actual Duration 20 June 2014 – 25 January 2017 (Incld.Addendum) 1. General Work 6. Head Pond 2. Access Road 7. Penstock Scope Of Works 3. Diversion Weir & IntakeStructure 8. PowerHouse 4. Waterway 9. Hydromechanical 5. Waterway & Related Structure 10. Miscellaneous Works 16 PROJECT EXPERIENCE EPC Construction of MalinauCoal Fired Power Plant 2x3 MW Owner PT PLN (Persero) Project Location Kalimantan Timur, Indonesia Project Value Rp. 151.578.435.800,- (Excl.VAT) Contract Value Rp. 280.448.151.569,– (Excl.VAT) (Incld.Addendum) Contract Scheme Lump Sum Fixed Price Duration as Contract 15 December 2010 – 14 October 2012 Actual Duration 15 December 2010 – 20 September 2020 (Incld.Addendum) 1. Land Preparation 2. Design Scope Of Works 3. Building Construction (Turbine & Boiler House) 4. Colling tower System 5. Mechanical, Electrical & Process 6. Coal Handling Facility (Conveyor System) 7. Commissioning & COD 17 PROJECT EXPERIENCE LPG Facility and Pipeline Distribution at Tarakan and Balikpapan Owner Ministry of Energy and Mineral Resources Project Location Balikpapan & Tarakan, East Borneo, Indonesia Project Value Rp.