Retail Outlets Owned by Chairul Tanjung Sued by PKPU Again, This Time by Wika Gedung

Retail Outlets Owned by Chairul Tanjung Sued by PKPU Again, This Time by Wika Gedung

TEMPO.CO, Jakarta – Company retail owned by Chairul Tanjung, PT Trans Retail Indonesia or Transmart, is back facing a new lawsuit related to restructuring with the postponement of debt payment obligations (PKPU). This time the lawsuit came from PT Wijaya Karya Gedung Gedung Tbk. PT Wijaya Karya Gedung Gedung Tbk. or Wika Gedung filed an … Read more

Debt Breaks Rp 140 T, Garuda Submits Peaceful Proposal!

Debt Breaks Rp 140 T, Garuda Submits Peaceful Proposal!

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

Calls Sritex Potential Delisting, IDX: Shares Suspended Since May 18, 2021

Calls Sritex Potential Delisting, IDX: Shares Suspended Since May 18, 2021

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

Bank Maybank Sues Bankruptcy Pan Brothers to Court

Bank Maybank Sues Bankruptcy Pan Brothers to Court

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

The Twists and Turns of Kampoeng Kurma, a Bodong Investment that is Now Bankrupt

The Twists and Turns of Kampoeng Kurma, a Bodong Investment that is Now Bankrupt

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

Knock! Centro’s manager declared bankrupt

Knock!  Centro’s manager declared bankrupt

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

Sued for bankruptcy, NET TV Open Voice

Sued for bankruptcy, NET TV Open Voice

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

PKPU-Kan, Ace Hardware admits that he has a monthly legal service agreement of IDR 10 million

PKPU-Kan, Ace Hardware admits that he has a monthly legal service agreement of IDR 10 million

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