Workers ride bicycles out of PT Sri Rejeki Isman Tbk (Sritex) factory in Sukoharjo, Central Java, Thursday (24/10/2024). The District Court of Niaga Semarang declared the textile company PT Sri Rejeki Isman Tbk (SRIL) or Sritex to be declared bankrupt, this is stated in the ruling with case number 2/pdt.sus-homologasi/2024/PN Niaga Semarang.

Ministry of Industry Prepares Multiple Sritex Rescue Options

REPUBLIKA.CO.ID, JAKARTA -- The Ministry of Industry (Kemenperin) will prepare several rescue options against PT Sri Rejeki Isman Tbk or Sritex. (SRIL) from insolvency conditions as established by the District Court (PN) of Semarang. Acting Director-General of Chemical, Pharmaceutical and Textile Industries (ICTF) Reni Yanita said that these rescue proposals should be discussed again with Sritex and three other relevant...