Jakarta – The Financial Services Authority (OJK) has revoked the business license of PT Investree Radika Jaya (Investree). This license was revoked because the online loan platform company (pinjol) violated the provisions which led to the case of payment failure. This revocation was decided through OJK Board of Commissioners Order No. KEP-53/D.06/2024 dated 21 October … Read more
Jakarta – PT Waskita Karya (Persero) Tbk received another court summons for a bankruptcy lawsuit, aka postponement of debt payment obligations (PKPU), which came from five creditors. This letter was received by the Company on August 28, 2023. As quoted from the IDX’s Disclosure of Information, Friday (1/9/2023), these five creditors submitted PKPU applications in … Read more
Jakarta, CNBC Indonesia – PT Waskita Karya (Persero) Tbk (WSKT) has received a lawsuit from one of the vendors of CV Bandar Agung Abadi regarding the earthworks on the Kayu Agung – Palembang – Betung Toll Road II Section I project package. Citing the company’s statement, Chief Executive Officer Destiawan Soewardjono said the lawsuit for … Read more
Jakarta, CNNI Indonesia — 1,225 former airline employees Merpati Airlines will obtain proceeds from the sale of assets worth IDR 54.8 billion. This follows the decision of the Panel of Commercial Court Judges in the Surabaya District Court declaring the bankruptcy of PT Merpati Nusantara Airlines on June 2, 2022. PT Perusahaan Pengelola Aset (PPA) … Read more