[1] GDSP produced electric resistance welded steel pipe and had a capacity of 300,000 tonnes per year (2008 figure).
[3] After the 1997 Asian financial crisis the groups companies had debts of 1.45 trillion Indonesian rupiah and were taken over by the Indonesian Bank Restructuring Agency (Badan Penyehatan perbankan Nasional, BPPN).
The assets of GIS and GDSP were later acquired by Bina Kreasi Primaniagatama at a much lower value than their capital worth.
[1] In 2004 it was alleged that the sale of the groups steel companies was corrupt and had cost the (Indonesian) state 1.2 Trillion - it was claimed that the companies that reacquired the assets were part of the Gunawan group - a transaction that violated governmental asset sale regulations.
[7] The GIS plate mill became part of the Lion Group and production was restarted in 2003.