The ninety-eight years old PT Nyonya Meneer, the legendary Indonesian herbal company, must accept bankruptcy after the Commercial Court of the Semarang District Court in Central Java decided to cancel the peace agreement that the Company signed with its creditors back in 2015. The cancellation of the peace agreement was requested by one of the Company’s creditors, i.e., Hendrianto Bambang Santoso. It was granted on August 3, 2017. The Company, however, said they had no idea that this would happen because the Company was in a healthy condition. To subscribe please click here