On Molucca Holdings’ Lawsuit

Luxembourg’s Molucca Holdings S.√†.r.l., as we previously reported, is the creditor with the biggest receivables in the PKPU process of Royal Standard group. The investment company apparently decided to make use of this moment to also file a PKPU lawsuit against paper company PT Pelita Cengkareng Paper. But PT Pelita Cengkareng Paper, represented by Hotman Paris Hutapea, refused to acknowledge their obligation and questioned Molucca Holdings’ legal standing.

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