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Two creditors of SRIL filed appeals in Semarang District Court

10 February 2022 07:20

JAKARTA – PT Bank QNB Indonesia Tbk (BKSW) and PT Citibank NA Indonesia, two creditors of PT Sri Rejeki Isman Tbk (SRIL), submitted appeals to the Commercial Court of Semarang District Court regarding the claim of suspension of debt payment obligations (lit. Penundaan Kewajiban Pembayaran Utang/PKPU). The legal counsels of those two companies confirmed that the appeal was filed for the reconciliation homologated by the court on January 25, 2022.

In the information disclosure quoted Thursday (10/2), Andar Reinhard Hasiholan P of the AFS Partnership Legal Office sent out the memorandum of appeal to the Semarang District Court Clerk two weeks ago (2/2). Two creditors filed appeals against SRIL and its subsidiaries, PT Sinar Pantja Djaja, PT Bitratex Industries, PT Primayudha Mandirijaya, and CV Prima Karya.

It was previously announced that SRIL’s reconciliation plan arranged by SRIL and its subsidiaries during the creditors meeting in Semarang District Court had been homologated. With the acceptance of the reconciliation, SRIL is no longer under the PKPU status. (LK/ZH)

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