Jakarta - PT Bukaka Teknik Utama Tbk (BUKK) plans to increase the paid-in capital of PT Bukaka Mega Investama (BMI) to a maximum of Rp1.5 trillion.

The main director of Bukaka, Irsal Kamarudin, said that this capital deposit would be carried out in stages according to the needs of BMI.

"This scheme for increasing paid-in capital is thru the taking of new shares issued by BMI, " he said in information disclosure in Jakarta on Wednesday (12/1).

The investment objective for increasing paid-in capital is to support business development thru investment in the energy sector.

The capital deposit by Bukaka will be used, among other things, to increase the investment in PT Kerinci Merangin Hydro, which is currently constructing the Kerinci hydropower plant, Jambi.

"With this transaction, it will increase the potential profit for the company through share ownership rights in KMH through BMI," he said.

The value of