Neck-Deep in Lawsuits
Monday, September 13, 2021
Companies listed at the Indonesia Stock Exchange, including state-owned enterprises, are dragged into lawsuits for delaying debt repayment and bankruptcy due to their thinning pockets during the pandemic.
arsip tempo : 174502536337.

TURBULENCE is rattling Garuda Indonesia. Not yet finished with the trial for the debt payment postponement (PKPU) filed by a number of creditors, the listed state-owned airline was declared defeated at the London Court of International Arbitration (LCIA) on September 6.
The management of GIAA—Garuda’s code at the Indonesia Stock Exchange—is currently consulting with a team of attorneys. “To consider the steps the company
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