It has only been three years since PT Forza Land Indonesia Tbk (FORZ, formerly PT Megah Satu Properti) launched its plan to offer the Company’s shares through initial public offering (IPO), and two years since the plan was realized in April 2017. Nevertheless, the Company are already facing issues. Last week the Commercial Court of the Central Jakarta District Court registered two lawsuit on Suspension of Debts Payment (PKPU) against the Company.

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