On Jan. 20, 2021, the Commercial Court of the Central Jakarta District Court registered a lawsuit for Suspension of Debts Payment (PKPU) against PT Bumi Hasta Mukti (PT BHM). In February 2021, the lawsuit was withdrawn. The Company faced a new PKPU lawsuit in June 2021. The examination of the lawsuit is ongoing but there’s an issue with the creditor who filed for the PKPU lawsuit. The situation is serious enough that PT BHM filed a different lawsuit on allegation of tort at the South Jakarta District Court against creditor PT Putra Sungai Bambu (PT PSB) and the Oversea-Chinese Banking Corporation Limited. In the lawsuit. PT BHM refers to PT PSB as a fake company.
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