It has been years since the Commercial Court at the Central Jakarta District Court declared the corrugated carton company PT Wirajaya Packindo bankrupt, but the process of the Company’s insolvency continues to this day. Last year the team of curators announced that the Company owned three factories in two different locations, and they succeeded in auctioning one factory. Today, not much has changed other than that the team of curators already sold one other factory. The amount of money from sales is far from enough to pay for the Company’s debts.
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