Because of the Rp. 10 million contract, Ace Hardware got PKPU

Jakarta, CNBC Indonesia – In the last week, the market news has been busy with reports from the household appliance retailer, PT Ace Hardware Indonesia Tbk (ACE). The company was sued by the attorney office of Wibowo and Partners with the status of Postponement of Debt Payment Obligations (PKPU), because of a cooperation contract case […]

Sued for bankruptcy, Ace Hardware admits he has arrears of Rp. 10 million

Jakarta, CNN Indonesia – Management of PT Ace Hardware Indonesia Tbk said it had not received an official notification regarding lawsuit Postponement of Debt Payment Obligation (PKPU) by Wibowo and Partners to the Central Jakarta Commercial Court. Director of Ace Hardware Indonesia Sugianto Wibawa confirmed that his company has a partnership in the form of […]

Got PKPU, Here’s the Response of PTPP Management

Jakarta, CNBC Indonesia – The state-owned construction company, PT Pembangunan Perumahan Tbk (PTPP), was sued by Budi Darmawan and CV Prima regarding the Postponement of Debt Payment Obligation (PKPU) case. This lawsuit was registered on Thursday, October 1, 2020 at the Central Jakarta District Court with case number 321 / Pdt.Sus-PKPU / 2020 / PN […]