On September 30, 2019, the Panel of Judges of the Commercial Court at the Semarang District Court decided to grant the lawsuit on Suspension of Debts Payment (PKPU) filed against six companies under the Duniatex Group. The companies will have to design their debt restructuring scheme and peace proposal during the temporary PKPU period within 45 days. The Group said they are ready to follow the legal process, and similar answers are given by the syndicated banks who are also the Group’s creditors.  

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