Tag: SURAKARTA
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Sritex Pursues Investors to Lease Assets and Rehire Laid-off Workers
PT Sri Rejeki Isman (Sritex) is in negotiations with potential investors to lease assets and potentially rehire laid-off employees. The company declared bankruptcy due to substantial debts and ceased operations on March 1. Curator Nurma Sadikin emphasized that discussions are ongoing, with a decision expected within weeks. The embattled textile company PT Sri Rejeki Isman,…