Rekind Reaches Peace Agreement with Creditors in PKPU Process, BUMN Minister Erick Thohir Announces Approval

Jakarta – PT Rekayasa Industri (Rekind) reached a peace agreement with creditors in the Postponement of Debt Payment Obligations (PKPU) process. In voting, the majority of creditors agreed to homologation. “Thank God, the PKPU Rekind peace agreement (homologation) has been approved by the court. 222 of the total 229 creditors or almost 97% agree with … Continue reading Rekind Reaches Peace Agreement with Creditors in PKPU Process, BUMN Minister Erick Thohir Announces Approval