Kasogi, Before it's Gone Forever...

August 3, 2004

THE two factories in Sidoarjo and Surabaya, East Java, have eventually been closed. The fate of the 2,500 employees is very much up in the air. According to the management, there are only cash funds totaling Rp500 million that can be used to help them out. This means that each employee will only receive Rp200,000, regardless of what work they were involved in. This then has been the situation at PT Kasogi Internasional Tbk., which is known for

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