JAKARTA - PT Indonesian Trading Company (Persero) together with PT Krakatau Steel (Persero) Tbk. Signed Memorandum of Understanding in order to improve efficiency and increase supported resources, and synergy between SOEs, on Wednesday (29/1)

The purpose of this Memorandum of Understanding is partnership in the development and improvement of performance with business development conducted by marketing and selling all types of iron & steel and / or non-iron & steel products of PT Krakatau steel (Persero) Tbk. PT PPI Group, with the aim of building a long-term partnership with the synergy of SOEs with the principle of mutual benefit and being able to provide added value for those who pay attention to the principles of Good Corporate Governance (GCG) and do not support the requested regulations.

In his remarks, Anton Mart Irianto as Director of Operations of PT PPI said that PT PPI was ready to help market and sell goods produced by Krakatau Steel. For its sustainability, PT PPI also requested that PT KS always provide continuity of goods and prioritize the quality needed to get the main capital offered in a market that can compete well. PT PPI also hopes that this collaboration can provide mutually beneficial results.

Purwono Widodo as the Commercial Director of Krakatau Steel welcomed this and appreciated that Krakatau Steel always prioritizes quality in accordance with the standards (SNI) in each of its products. Purwono Widodo also explained briefly about the current steel market in Indonesia and the prospects for discussion. With the assistance of PT PPI, Krakatau Steel's products in the future can meet market needs throughout Indonesia.

JAKARTA - PT Indonesian Trading Company (Persero) together with PT Krakatau Steel (Persero) Tbk. Signed Memorandum of Understanding in order to improve efficiency and increase supported resources, and synergy between SOEs, on Wednesday (29/1)

The purpose of this Memorandum of Understanding is partnership in the development and improvement of performance with business development conducted by marketing and selling all types of iron & steel and / or non-iron & steel products of PT Krakatau steel (Persero) Tbk. PT PPI Group, with the aim of building a long-term partnership with the synergy of SOEs with the principle of mutual benefit and being able to provide added value for those who pay attention to the principles of Good Corporate Governance (GCG) and do not support the requested regulations.

In his remarks, Anton Mart Irianto as Director of Operations of PT PPI said that PT PPI was ready to help market and sell goods produced by Krakatau Steel. For its sustainability, PT PPI also requested that PT KS always provide continuity of goods and prioritize the quality needed to get the main capital offered in a market that can compete well. PT PPI also hopes that this collaboration can provide mutually beneficial results.

Purwono Widodo as the Commercial Director of Krakatau Steel welcomed this and appreciated that Krakatau Steel always prioritizes quality in accordance with the standards (SNI) in each of its products. Purwono Widodo also explained briefly about the current steel market in Indonesia and the prospects for discussion. With the assistance of PT PPI, Krakatau Steel's products in the future can meet market needs throughout Indonesia.