WIKA Realty and Dapen Telkom Establish Development and Investment Cooperation

Friday, 28 June 2019

A positive step in property development is achieved by PT WIKA Realty. As one of WIKA subsidiaries, WIKA Realty together with Telkom Pension Fund established a development and investment cooperation. This collaboration is marked by the Signing of a Memorandum of Understanding (MOU) carried out directly by the President Director of WIKA Realty Agung Salladin and the Director of Telkom Pension Fund Gatot Rustamadji and also witnessed by the Director of Human Capital Management of PT Telekomunikasi Indonesia Tbk. (Telkom) and Telkom Pension Fund Supervisory Board Edi Witjara, as well as WIKA Realty Independent Director Wahyu Tri Rahmanto in Jakarta, Friday (28/6).


The collaboration of the two companies is realized in the form of a Joint Venture that will play a role in the development and investment of WIKA Realty products. In the initial stage, the JV will purchase the Realty Tamansari Skylounge Balikpapan unit. The opportunity for this collaboration is wide open in line with the plans of the two companies to develop the investment business in the property sector.


WIKA Realty President Director Agung Salladin believes that with WIKA Realty's experience and reputation in the property sector, the collaboration between the two companies will run well and provide benefits to both companies.