Krakatoa Steel Faces Trading Suspension if Financial Reports not Submitted by June 2023, says Main Director Purwono Widodo

Jakarta – Main Director of PT Krakatoa Steel (Persero) Tbk Purwono Widodo stated that his party was finalizing the financial statements for the 2022 financial year. This was in response to a request from the Indonesian Stock Exchange (IDX) for the company to immediately submit financial reports. If it is not immediately submitted by the … Read more

Silmy Karim Director General of Immigration, Purwono Widodo Becomes the New Managing Director of Krakatau Steel

Jakarta – PT Krakatoa Steel Tbk today held an Extraordinary General Meeting of Shareholders (EGMS). This meeting discussed two agendas, namely the report on the development of business transformation and the implementation of advanced strategic initiative programs. Then the second agenda is the approval of changes to the composition of the Company’s management including changes … Read more

Take a look at the wealth of Silmy Karim becoming the Director General of Immigration beware of the shock!

Jakarta – President Director of PT Krakatau Steel (Persero) Tbk Silmy Karim was elected Director General (Dirjen) of Immigration. He was selected after going through a series of selection stages. Silmy Karim will become Director General of Immigration upon being appointed in early January 2023. Silmy Karim said that a presidential decree (Keppres) has been … Read more

Krakatau Steel Wants Right Issue Rp 2.8 T to Pay Debt

Jakarta, CNBC Indonesia – PT Krakatau Steel Indonesia (Persero) Tbk plans to carry out a corporate action offering capital rights to pre-emptive rights (HMETD) to pay off the company’s debt which reaches Rp 30 trillion. President Director of PT Krakatau Steel (Persero) Tbk, Silmy Karim explained that the total funds to be raised reached US$ … Read more

commotion! Considered Nantangin, President Director of Krakatau Steel Expelled from DPR Meeting

Jakarta – President Director of PT Krakatau Steel (Persero) Tbk Silmy Karim was expelled by Commission VII DPR RI during a hearing today, Monday (14/2). The person concerned was expelled directly by the Deputy Chairman of Commission VII DPR RI, Bambang Haryadi. It happened because Silmy interrupted Eddy’s conversation. “What I’m unique about how factory … Read more

President Director of Krakatau Steel Expelled from Meeting with DPR After Debate

JAKARTA, KOMPAS.com – President Director of PT Krakatau Steel (Persero) Tbk Silmy Karim was expelled from a hearing meeting with the Director General of Metal, Machinery, Transportation Equipment, and Electronics Industry of the Ministry of Industry and Commission VII DPR, Monday (14/2/2022). The expulsion occurred after Silmy had an argument with the Deputy Chairman of … Read more

President Director of Krakatau Steel Expelled from Meeting with DPR After Debate Page all

JAKARTA, KOMPAS.com – President Director of PT Krakatau Steel (Persero) Tbk Silmy Karim was expelled from a hearing meeting with the Director General of Metal, Machinery, Transportation Equipment, and Electronics Industry of the Ministry of Industry and Commission VII DPR, Monday (14/2/2022). The expulsion occurred after Silmy had an argument with the Deputy Chairman of … Read more

Considered Nantangin, Seconds of the Director of Krakatau Steel Expelled by Commission VII DPR

Jakarta – President Director (Director) of PT Krakatau Steel (Persero) Tbk Silmy Karim expelled from the meeting of Commission VII DPR RI. Silmy’s expulsion from the House of Representatives Commission VII meeting began with a discussion about the blast furnace. This is how Silmy gets kicked out. The chairman of the House of Representatives Commission … Read more

It used to be said that it could go bankrupt, Minister Erick Now Praises KRAS

Jakarta, CNBC Indonesia – Minister of State-Owned Enterprises (BUMN) Erick Thohir appreciated the performance of PT Krakatau Steel Tbk (KRAS) which managed to record a net profit of Rp 1.06 trillion as of November 30, 2021. This achievement can be obtained by the company after conducting financial and business restructuring. This was conveyed by Erick … Read more

Krakatau Steel Pays IDR 2.7 T of Debt, Where Does the Money Come From?

Jakarta – PT Krakatau Steel (Persero) Tbk has fulfilled its debt settlement obligations of Tranche B of Rp 2.7 trillion. That way, the company was able to complete the Working Capital Bridging Loan (WCBL) facility of US$ 200 million to three state-owned banks, namely PT Bank Mandiri (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk … Read more