PGEO targets Seulawah Agam drilling to begin in 2025
18 Dec 2024 11:11
PT Pertamina Geothermal Tbk (PGEO) and PT Pembangunan Aceh (Pema) are targeting the geothermal drilling in Work Area of Seulawah Agam, Aceh Besar, to kick off in 2025.
SBMA to expand gas-filling stations to Sulawesi
20 Nov 2024 15:48
PT Surya Biru Murni Acetylene Tbk (SBMA) will expand its market reach by building gas-filling stations in Sulawesi in 2025. Until this year, SBMA manage 6 filling stations in 6 cities in Kalimantan.
Widodo Makmur Unggas faces PKPU lawsuit against 2 creditors
21 Aug 2024 10:12
PT Widodo Makmur Unggas Tbk (WMUU), an integrated farm company, has received a Suspension of Debt Payment Obligation (lit. Penundaan Kewajiban Pembayaran Utang/PKPU) claim issued through Central Jakarta Commercial Court.
Lawson Indonesia to gain extra capital of IDR 70 billion
17 May 2024 16:01
PT Lancar Wiguna Sejahtera (LWS), a subsidiary of PT Midi Utama Indonesia Tbk (MIDI) that operates Lawson in Indonesia, receives another extra capital of IDR 70 billion.
Lawson Indonesia to receive more capital, this time IDR 100 billion
09 Jan 2024 09:22
PT Lancar Wiguna Sejahtera (LWS), the managing company of Lawson outlets in Indonesia, has been granted extra capital worth IDR 100 billion from its shareholders.
Lawson Indonesia receives capital injection IDR 70 billion from MIDI
03 Nov 2023 15:16
PT Midi Utama Indonesia Tbk (MIDI), a retail issuer that owns a network of minimarkets and supermarkets in Indonesia, has distributed a capital injection worth IDR 70 billion to one of its subsidiaries, namely PT Lancar Wiguna Sejahtera (LWS).
Bankruptcy Law and PKPU need to be revised to attract investor interest
26 Oct 2023 19:47
Law (UU) Number 37 of 2004 concerning Bankruptcy and Postponement of Debt Payment Obligations (PKPU) is considered to need to be revised and strengthened to increase the attractiveness of investors in Indonesia.
Economic recovery overshadowed by bankruptcy and PKPU lawsuits
19 Oct 2023 12:52
The national economic recovery carried out by the Indonesian Government after the Covid-19 pandemic continues to be overshadowed by bankruptcy and PKPU (Delay of Debt Payment Obligations) lawsuits, according to HHP (Hadiputranto, Hadinoto & Partners) Law Firm.
Lawson to secure extra IDR 200 billion from Djoko Susanto's companies
13 Mar 2023 05:32
A subsidiary of PT Midi Utama Indonesia Tbk (MIDI), PT Lancar Wiguna Sejahtera (LWS), has secured extra IDR 200.09 billion from several affiliated entity of Djoko Susanto, the owner of Alfamart retail chain.
