PT Bima Multi Finance, the subsidiary of PT Cipta Citra International entered their period of Suspension of Debts Payment (PKPU) on May 19, 2017. The Company filed voluntarily, acknowledging that it was having financial difficulties. The meeting of creditors have been held several times and the Company had presented their peace proposal, but the negotiation continues. The next meeting of creditors is scheduled to be held on July 7, 2017. The creditors will vote on the proposal, and if accepted, the Company will be able to restructure its debts.To subscribe please click here
