At least we can breathe now
Tuesday, February 4, 2020
IN one year and four months, Krakatau Steel pushed to restructure debts that have been weighing the company’s finances down. The state-owned enterprise (SOE) now prepares for follow-up corporate actions.
The company CEO Silmy Karim looked happier. A debt of some US$2 billion—roughly Rp30 trillion—in Krakatau Steel’s (IDX: KRAS) ledger, is slowly—but surely being paid. The company, which he has been leading
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