The process of Suspension of Debt Payment (PKPU) of Koperasi Simpan Pinjam Indosurya Cipta (Kospin)—-a cooperative running operations like a bank with over US$1 billion of funds from third parties vanished—-was supposed to be determined during the meeting held on July 2, 2020. However, the clients are not satisfied with the peace proposal submitted to them and therefore the Company said they will provide another proposal with a more detailed explanations. The meeting will resume on July 6, 2020. To subscribe please click here