Sritex di Ujung Tanduk, Bos Cari Solusi Darurat ke Menperin

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Sritex Fights for Survival

Amidst the looming threat of bankruptcy, Sritex, Southeast Asia's largest textile company, is taking proactive measures to stay afloat. The company's management met with the Minister of Industry, Agus Gumiwang Kartasasmita, on Monday, October 28, 2024, to discuss a comprehensive strategy for the company's survival.

Iwan S. Lukminto, Sritex's Commissioner, hinted at a "grand strategy" being formulated. While he declined to elaborate on the specifics, he emphasized the importance of a sustainable plan that would directly benefit the community. The Minister of Industry has also provided clear guidance, urging Sritex to maintain its operational capabilities.

In a bold move to challenge the bankruptcy ruling, Sritex has filed an appeal. The company has enlisted the services of Aji Wijaya & Co. to represent them in this legal battle. Sritex has confirmed the bankruptcy ruling but is determined to overturn it.

Key Takeaways:

• Sritex is actively seeking solutions to avoid bankruptcy.
• The company is working closely with the government.
• A legal appeal has been filed.

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