Six months has passed since Sujaya Group’s two subsidiaries, PT Bintang Jaya Proteina Feedmill (Bintang Jaya) and PT Sinka Sinye Agrotama (Sinka Sinye), entered their period of Suspension of Debts Payment (PKPU). It’s unfortunate that the parties are still unable to find common ground. The creditors demanded several changes in the peace proposal, especially regarding the debt payment scheme. Because a lot of changes are still needed, the creditors agreed to give the companies 70 more days to revise their proposal. To subscribe please click here