White Energy Ltd, a company listed on Australia Stock Exchange (ASX), has fully impaired its investment in PT Kaltim Supacoal, which was declared bankrupt by Indonesian commercial, following a dispute with Bayan Resources Group. What’s happened with their disputes? How about the auction of Kaltim Supacoal’s assets? How much the creditors can recover from Kaltim Supacoal’s A$209 million of liabilities?
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