PKPU for Hai Yin

Jakarta-based shipping company PT Hai Yin must once again face a period of Suspension of Debts Payment (PKPU) after the Panel of Judges of the Commercial Court of the Central Jakarta District Court granted the PKPU lawsuit filed by one of the Company’s creditors PT Pelayaran Pelangi Sindumulya (PPS). This is the fifth PKPU lawsuit that the Company has had to face within the last three years.

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