Bisnis.com, JAKARTA — Just ahead of the swearing-in of Danantara’s officials, state-owned firms PT Krakatau Steel (KRAS) and PT Wijaya Karya (WIKA) have officially been transferred under the control of the newly-minted sovereign wealth fund.
In a letter dated on the same day Danantara is slated to announce its board members on Monday (24/3/2025), both Krakatau Steel and Wijaya Karja announced the change in controlling shareholder to PT Biro Klasifikasi Indonesia, the firm appointed as Danantara’s operational holding.