Indonesia's Krakatau Steel seeks to list two subsidiaries on IDX this year

Indonesia’s state-owned, listed manufacturing company Krakatau Steel is preparing to undertake the initial public offering (IPO) of two of its subsidiaries Krakatau Bandar Samudera (KBS) and Krakatau Industrial Estate Cilegon (KIE), its president director Silmy Karim told DealStreetAsia.