PT Modern Sevel Indonesia (the Company that operated the 7-Eleven convenience stores – the Company) officially entered their period of Suspension of Debts Payment (PKPU) after the Panel of Judges of the Commercial Court of the Central Jakarta District Court decided to accept the lawsuit filed by PT Soejasch Bali and PT Kurniamitra Duta Sentosa (food distributors). The temporary period of PKPU will be effective for the next 45 days and the first meeting of creditors will be held on October 20, 2017. To subscribe please click here