Krakatau Steel reports merger of two subsidiaries
Krakatau Sarana Infrastruktur is the surviving company under a merger deed dated 12 October 2026.
Stories about Indonesia from every section of Asean Coverage.
Page 65 of 83
Krakatau Sarana Infrastruktur is the surviving company under a merger deed dated 12 October 2026.
He will complete the board’s 2024–2028 term after replacing M. Oki Ramadhana, who resigned.
Steelmakers also raised gas supply constraints, while reporting that domestic capacity utilisation remained at 43–57 per cent.
Shareholders also approved Catherine Hindra Sutjahyo’s resignation from her position as deputy president director.
Financial terms remain undisclosed. Construction of the Cilegon plant was about 80 per cent complete in September 2026, ahead of a targeted 2027 commercial start.
Putri beat Taiwan's Huang Yu Hsun 21-19, 21-8 after a closely contested opening game in Odense.
The Indonesian company intends to use the net proceeds for working capital on engineering and construction projects, subject to shareholder approval.
The relief covers eligible unpaid administrative penalties, with applications due by 1 October 2028.
Three ministry booths feature crafts, culinary and fashion brands at the event in Tangerang, which runs from October 14 to 18, 2026.
The government estimates untapped export potential of US$31 billion in China, alongside gaps in the United States, India and Japan.