PKPU Journal: IBFN and Mimikids Garmindo

Financing firm PT Intan Baruprana Finance Tbk (IBFN) entered their period of Suspension of Debts Payment (PKPU) back in October 2017. They earned an extension but it’s most likely its last chance. A Bandung-based textile company PT Mimikids Garmindo also entered their PKPU last year (in November 2017). Nevertheless, PT Mimikids Garmindo and it owner/personal guarantor still deny the information on their debts, and they questioned the decision of the Panel of Judges.

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