On July 30, 2020, after being in dispute for nearly two years, Joko Mogoginta and Budhi Istanto (former executives of PT Tiga Pilar Sejahtera Food Tbk – AISA, now FKS Food) were found guilty of embezzlement. On the same day, the Company’s new management held an incidental public expose to fulfill the requirements demanded by the Indonesia Stock Exchange for the reopening of the Company’s securities trading on the Stock Exchange. AISA has been allowed to recommence its operations in September 2020. In October 2020, Joko and Budhi were indicted for fraud. On Aug. 5, 2021, Joko and Budhi were found guilty, again.
To subscribe please click here