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Posted by yosefardi.com | September 27, 2024 | Market | 0
Commercial Court of Central Jakarta District Court has on September 20 extended the Permanent PKPU (Suspension of Debt Payment Obligations) until November 4th, 2024 to four companies under the so-called Bakrie’s Media Group—-Visi Media Asia (VIVA), Intermedia Capital (MDIA), Cakrawala Andalas Televisi (ANTV), and Lativi Mediakarya (TVone). This gives them time to restructure the debts.
Read MorePosted by yosefardi.com | September 27, 2024 | Market | 0
More than one year ago, we’re presented with legal battles between ‘philanthropy friends’ Ted Sioeng and Dato’ Tahir (owner of Mayapada Bank). The court granted a bankruptcy lawsuit filed by Bank Mayapada against Sioeng, while Ted, who was named a fugitive, accused Tahir, member of the President’s Advisory Council, of receiving kickbacks worth Rp525 billion for loan facilities provided to his group.
Read MorePosted by yosefardi.com | September 27, 2024 | Politics | 0
Minister of Trade Zulkifli Hasan, who is also the chairman of the National Mandate Party (PAN), recently met with Anindya Bakrie, who has just been elected as the new chairman of the Indonesian Chamber of Commerce and Industry (KADIN) through an extraordinary congress (Munaslub) last week. Anindya is the son of Aburizal Bakrie, former chairman of Golkar Party and a long-time political ally of Zulkifli and President-elect Prabowo Subianto.
Read MorePosted by yosefardi.com | September 27, 2024 | Market | 0
Mayapada Group, controlled by Dato’ Tahir (member of the president’s advisory council), is one of the so-called ‘investors’ in the new capital city (IKN) Nusantara. The group builds one of three hospitals in Nusantara. But, that’s not the reason why shares of Mayapada Hospital (SRAJ) shot up to Rp2,760, more than ten times the quoted price late last year.
Read MorePosted by yosefardi.com | September 27, 2024 | Politics | 0
It seems that the meeting between President-elect Prabowo Subianto, who is the chairman of Gerindra Party, and the fifth President Megawati Soekarnoputri, the matriarch of PDIP, will happen very soon. However, the biggest question remains: Will Megawati bring PDIP into joining Prabowo’s administration? If PDIP joins Prabowo’s administration, how many portfolios will be given to the Party in the next cabinet?
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