Jakarta, CNBC Indonesia – The management of PT Garuda Indonesia Tbk (GIAA) is preparing a reconciliation proposal for creditors and lessors in the process of Postponing Debt Payment Obligations (PKPU). Options for settlement of this debt have also been prepared, ranging from bonds to issuance of new shares. In the presentation material delivered by the … Read more
“Considering the above, the panel of judges is of the opinion that the PKPU application from the respondent has complied with the provisions of Article 22 paragraphs 1 and 2 in conjunction with Article 8 paragraph 4 of Law Number 37 of 2004 concerning Bankruptcy and PKPU as well as Article 225 paragraph 2 and … Read more
TEMPO.CO, Jakarta – The Indonesia Stock Exchange Authority or BEI said the textile issuer PT Sri Rejeki Isman Tbk. or Sritex potentially removed from the listing or delisting. This was conveyed by the Head of the IDX’s Corporate Valuation Division 3, Goklas Tambunan and the Head of the IDX’s Trading Operations and Regulations Division, Irvan … Read more
TEMPO.CO, Jakarta – PT Pan Brothers Tbk. again received a lawsuit from PT Bank Maybank Indonesia Tbk. Bank Maybank this time filed a bankruptcy petition against the textile issuer codenamed PBRX. “Including most of our creditors who have supported us throughout the restructuring process,” Pan Brothers management wrote, Thursday, August 5, 2021. Currently, Pan Brothers . … Read more
Jakarta, CNBC Indonesia – In the midst of the rally in the Composite Stock Price Index (JCI) this week, it shot up to 216.55 points or 3.7% to 6,065,166, some stocks actually fell from various sectors that were depressed due to the economic slowdown. According to data from the Indonesia Stock Exchange (IDX), this week, … Read more
TEMPO.CO, Jakarta – Do you remember Kampoeng Kurma, fraudulent investment that was widely discussed at the end of 2019? Currently PT Kampoeng Kurma Jonggol has been officially declared bankrupt after the creditors rejected the peace plan proposal. What was the course of the case like in the first place? This investment fraud case began to … Read more
Jakarta, CNBC Indonesia – PT Tozy Sentosa, the manager of the Centro Department Store and Parkson Department Store was declared bankrupt. Previously, Tozy Sentosa was sued for postponement of debt payment obligations (PKPU) by his suppliers at the Central Jakarta District Court (PN Jakpus). The bankruptcy decision was generated after the voting results from creditors … Read more
Jakarta – PT Net Mediatama Televisi, the company that owns the television station NET TV was sued for bankruptcy. Bambang Sutrisno Kusnadi filed a lawsuit on November 25, 2020 yesterday at the Central Jakarta District Court. NET party immediately raised their voice. NET TV management admits that they appreciate the legal attitude taken by the … Read more
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JAKARTA, KOMPAS.com – PT Ace Hardware Indonesia Tbk (ACES) was sued by Wibowo and Partners by filing for Postponement of Debt Payment Obligations ( PKPU). This lawsuit is related to a bill that is due. Responding to this, Director of Ace Hardware Indonesia Sugianto Wibawa said that his party had not received an official notification … Read more
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 … Read more