According to Denny Ardiansyah, one of the curators, the initial creditors’ meeting was a procedural gathering to introduce the curators and the supervising judge from the Semarang District Court. While nine creditors have registered their claims, the total debt reported so far is around IDR 600 billion, with the largest claim coming from the Directorate General of Taxes, amounting to IDR 500 billion.

Ardiansyah assured the creditors that the curators would proceed with caution to ensure that all stakeholders are treated fairly. He emphasized that the curators would be careful not to make decisions that could inadvertently cause further losses or complications in the process.

As the bankruptcy proceedings continue, one of the critical concerns is the welfare of the 2,500 employees affected by the situation. While some of the workers have been temporarily laid off due to a shortage of raw materials, Sritex management has confirmed that they will still receive their salaries, and no permanent layoffs are currently planned. The curators are also awaiting complete data on the company’s workforce to proceed with their next steps. (Uki Ruknuddin)

 

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