Textile producer PT Sejahtera Bintang Abadi Textile (SBAT) went bankrupt after failing to pay its debts and restructuring. The company was declared bankrupt by the Commercial Court at the Central Jakarta District Court. The bankruptcy decision came after the Suspension of Payment of Debt Obligations (PKPU) with Case No. 3/Pdt.Sus- PKPU/2025/PN Jkt. Pst 2. To subscribe please click here

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