PT Pazia Pillar Mercycom, one of Indonesia’s well-known electronics retailer, escaped the threat of bankruptcy after successfully convincing their¬†creditors that they’re capable of resolving their debt problem. With the approval of the majority of creditors, the peace proposal offered during the process of Suspension of Debts Payment (PKPU) was finally approved and will be promulgated in a hearing on August 15, 2017.¬†To subscribe please click here