Curators reveals discordances in Sritex bankruptcy
16 Jan 2025 08:40
These discordances unveiled by curators thus raise significant questions: What lies behind the bankruptcy of Indonesia's largest textile company?
Govt must be prudent regarding plans to save Sritex
30 Oct 2024 16:22
The House of Representatives (DPR) reminded the Government to be prudent in its plan to save PT Sri Rejeki Isman Tbk (SRIL). This was conveyed by Misbakhun, Member of Commission XI DPR in Jakarta (30/10).
SRIL to place 50% assets as collateral to creditor
13 Aug 2024 10:02
PT Sri Rejeki Isman Tbk (SRIL) will place over 50% of its total assets and equity as a security to creditors in regard to the homologated decision of peace agreement ordered by the Commercial Court of Semarang, Central Java.
Three textile companies suffered capital deficiency
13 Jun 2024 10:25
Several issuers in the garment and textile industries have reportedly been at capital deficiency throughout 2023.
Sritex’s loss worsened to IDR 1.17 trillion in H1 2023
15 Aug 2023 10:07
PT Sri Rejeki Isman Tbk (SRIL), a textile and garment manufacturer under the brand of Sritex, booked loss of USD 78.03 million, equal to approximately IDR 1.17 trillion, in the first half of 2023.
Still struggling, Sritek goes for a reshuffle
24 Mar 2023 05:55
Due to the performance stagnation, the shareholders of PT Sri Rejeki Isman Tbk (SRIL), or Sritek, decided to restructure the boards of directors and commissioners in the last shareholders meeting on March 17, 2023.
