The year 2018 has not been a good year for PT Express Transindo Utama Tbk (TAXI), operator of conventional taxi brand Express. The Company booked a net loss of over Rp300 billion in the third quarter (Q3) of 2018. On top of that, the Company must face a lawsuit on Suspension of Debts Payment (PKPU) filed by Dana Pensiun (Dapen) Mitra Krakatau.
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