Textile giant PT Sri Rejeki Isman Tbk (SRIL or Sritex) and its subsidiaries made it through a tough year. After facing various lawsuits for Suspension of Debt Payment (PKPU), with the threat of being delisted from the stock exchange, on Jan, 21, 2022, the group was able to convince its creditors and resolved the dispute. Nevertheless, not all were satisfied. The peace agreement has been promulgated, but two of Sritex’s creditors have challenged it.To subscribe please click here
