Jakarta, January 29, 2024 - PT Wijaya Karya Realty (“WIKA Realty”) has conducted the General Meeting of Bondholders (RUPO) for Convertible Option Bonds worth IDR 950 billion and the General Meeting of Medium Term Notes Holders (RUPMTN) for IDR 545 billion on Friday, January 26, 2024.

In both RUPO and RUPMTN, WIKA Realty has received full support from investors, as evidenced by the approval of WIKA Realty's reprofiling proposal. This involves changes in the structure and timeframe that align more closely with the company's cash flow profile, thereby reducing financing risk and improving a more matching cash flow profile, as well as enhancing WIKA Realty's financial ratios.

"The agreements reached in RUPO and RUPMTN signify WIKA Realty's commitment to building strong relationships with investors, reflecting efforts to implement the company's transformation strategy amidst business challenges. By adhering to good governance principles and careful risk management, WIKA Realty will continue to strive for a stable and sustainable business environment," said Rendy Ardiansyah, Director of Finance, Human Capital, & Risk Management.

With the support of investors, WIKA Realty is firmly committed to ongoing development and progress in future endeavors. This not only strengthens the solid foundation for the company's sustainability but also reflects investor confidence in WIKA Realty.