It has been almost a year since we’re exposed to the dispute in PT Tiga Pilar Sejahtera Food Tbk (AISA), but the problems in the Company have grown more complex. Two subsidiaries of PT Golden Plantation Tbk (GOLL), PT Bumiraya Investindo and PT Airlangga Sawit Jaya, are tangled by debts and both companies entered their period of Suspension of Debts Payment (PKPU) in March 2019. Recently, the Panel of Judges granted the companies’ request for additional time and the PKPU period was thus extended for 60 days.
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