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Krakatau Steel sets Rp 130.74 billion fixed-asset land utilization deal with Cabot Indonesia
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Krakatau Steel sets Rp 130.74 billion fixed-asset land utilization deal with Cabot Indonesia
  • 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: 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.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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