Back in 2015, we heard of the news on the bankruptcy of PT United Coal Indonesia. At the time, in addition to several assets, the Company also reportedly had shares in PT Karya Putra Borneo. The insolvency process, however, faced several obstacles. Apart from the bankruptcy case, there is also dispute in PT Karya Putra Borneo, and the dispute continues to this day as the Company’s shareholders continue fighting against each other.

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