PT Bhineka Karya Manunggal (BKM), a subsidiary of Guna Group, is officially bankrupt. The decision was taken after their only separatist creditor in the process of Suspension of Debts Payment (PKPU). PT Bank Negara Indonesia (Persero) Tbk (BBNI), declined BKM’s time extension request after only three months of negotiation for peace. The Panel of Judges at the Commercial Court in Central Jakarta District Court therefore decided to declare BKM bankrupt with all the legal consequences.To subscribe please click here