A Suspension of Debts Payment (PKPU) lawsuit was recently filed against PT Mega Pasanggrahan Indah (a subsidiary of PT Megapolitan Developments Tbk – EMDE). The lawsuit is registered at the Commercial Court of the Central Jakarta District Court. Separately, since July 2020 the same court has examined a bankruptcy lawsuit filed against PT Global Mediacom Tbk (BMTR) by KT Corporation, South Korea’s oldest and largest telecommunications company. On September 30, 2020, the court dismissed KT Corporation’s lawsuit.
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