The doll manufacturing company, PT Sunindo Adipersada Tbk (TOYS) only conducted an initial public offering or IPO in August 2020. At that time, even in the midst of the COVID-19 pandemic, the company was able to attract public attention. Unfortunately, in just three years, the company has already faced a lawsuit from its creditors and is currently going through a PKPU period to restructure the company’s debt.
Read MoreWe know that Karen Agustiawan, former president director of PT Pertamina (Persero), was once again named suspect in a case of alleged corruption related to decisions she made while in office. Previously she was convicted in a similar case of alleged corruption only to be released by the Supreme Court in a decision that sparked debate regarding the definition of corruption. This time, Karen took her time and filed for a pre-trial against the Corruption Eradication Commission (KPK) but the attempt failed. This week, Karen stands trial, again.
Read MoreSri Sultan Hamengkubowono X confirmed to the press on Monday (Feb. 12) that he was asked by President Joko “Jokowi” Widodo to facilitate a meeting with the fifth President Megawati Soekarnoputri, the matriarch of the ruling party PDIP. Why Jokowi, who never formally announced his departure from the party, needs a broker to meet Megawati? Will the meeting happen? Will Jokowi and Megawati restore their relationship?
Read MoreConnie Rahakundini Bakrie, a defense and military observer, is in the spotlight after her video went viral on the internet, in which she talked about her meeting with Rosan Roeslani, the campaign manager of Prabowo-Gibran. Connie claims that Rosan told her about a scenario of Prabowo’s presidency. Rosan, however, denied Connie’s claim. Connie fought back and rebuffed Rosan’s statement. Let’s talk a bit about this claiming game.
Read MoreShares of telco firms Indosat (ISAT) and XL Axiata (EXCL), the second and third largest players behind Telkom (TLKM), ended higher by 3.16% and 1.3% respectively on Monday (Feb 12) as investors responded financial results for full year 2023.
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