In just three months after officially entering the period of Suspension of Debts Payment (PKPU), the peace proposal draft presented by PT Geo Cepu Indonesia (Geo Cepu), the partner of PT Pertamina EP, was finally accepted by the majority of its creditors. With this result, Geo Cepu only has to wait for the decision of the Panel of Judges at the Commercial Court of Central Jakarta District Court to come to terms with its creditors and to be free from PKPU.To subscribe please click here
