Krakatau Steel sets Rp 130.74 billion fixed-asset land utilization deal with Cabot Indonesia
Bitget2026/10/05 08:12PT Krakatau Steel disclosed a fixed-asset utilization deal covering about 60,000 square meters of land in Cilegon. Cabot Indonesia will use the land via a right-to-build certificate recommendation over a right-to-manage title held by subsidiary Krakatau Sarana Infrastruktur. Transaction value set at IDR 130.74 billion in cash compensation. Proceeds earmarked to support restructuring-credit obligations, also to fund operations. Event date recorded as Sept. 30, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Krakatau Steel (Persero) Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32163259) on October 05, 2026, and is solely responsible for the information contained therein.
- PT Krakatau Steel disclosed a fixed-asset utilization deal covering about 60,000 square meters of land in Cilegon.
- Cabot Indonesia will use the land via a right-to-build certificate recommendation over a right-to-manage title held by subsidiary Krakatau Sarana Infrastruktur.
- Transaction value set at IDR 130.74 billion in cash compensation.
- Proceeds earmarked to support restructuring-credit obligations, also to fund operations.
- Event date recorded as Sept. 30, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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