KPAS at default on IDR 173 billion charge
20 Feb 2023 10:25
PT Cottonindo Ariesta Tbk (KPAS), a cotton manufacturer, is declared bankrupt by the Commercial Court of Central Jakarta District Court last week (16/2).
Weighed down by crisis, TDPM to stabilise itself in 2023
06 Feb 2023 10:23
In 2023, PT Tridomain Performance Materials Tbk (TDPM), a specialty material provider for property and automotive sectors, aims to fix issues and improve its organisation and performance to slowly recover from its current financial crisis.
Court rules KPAS in Temporary PKPU status
19 Jan 2023 13:06
PT Cottonindo Ariesta Tbk (KPAS), a cotton manufacturer, is officially in its Temporary Suspension of Debt Payment Obligation (PKPU) status.
TOPS is in temporary PKPKU status
19 Jan 2023 10:03
PT Totalindo Eka Persada Tbk (TOPS) has entered its Temporary Suspension of Debt Payment Obligation (PKPUS) status since yesterday (17/1) until the next 45 days.
Kayu Agung-Palembang Toll vendor sued WSKT for PKPU
09 Jan 2023 07:32
PT Waskita Karya (Persero) Tbk (WSKT) is sued for the Suspension of Debt Payment Obligation (lit. Penundaan Kewajiban Pembayaran Utang/PKPU) regarding its debts worth IDR 2.03 billion.
Court denies MBSS’s PKPU claim against FIRE
22 Dec 2022 10:34
The Commercial Court of Central Jakarta once again denies the Suspension of Debt Payment Obligation claim filed by PT Mitrabahtera Segara Sejati Tbk (MBSS) against PT Alfa Energi Investama Tbk (FIRE).
TOPS to face PKPU lawsuit
13 Dec 2022 14:18
PT Totalindo Eka Persada Tbk (TOPS), a construction provider company, is sued for Suspension of Debt Payment Obligation (PKPU) by PT Solefound Sakti (SS) in the Commercial Court of Central Jakarta District Court.
MBSS to file another PKPU lawsuit against FIRE
22 Nov 2022 07:55
PT Mitrabahtera Segara Sejati Tbk (MBSS) yet again files a Suspension of Debt Payment Obligation lawsuit against PT Alfa Energi Investama Tbk (FIRE) in the Commercial Court of Central Jakarta Court District last week (16/11).
BUMI to pay off PKPU debts in advance
20 Oct 2022 08:35
PT Bumi Resources Tbk (BUMI) pays off debts incurred by the Suspension of Debt Payment Obligation lawsuit after securing IDR 24 trillion of fresh funds from a private placement.
La Montana Bogor Apartment sued for bankruptcy
11 Oct 2022 09:55
PT Emesen Properti (EP), the owner of La Montana Bogor Apartment, is served a Suspension of Debt Payment Obligation lawsuit by Martinus Irsyad.