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Indonesia’s Pakuwon Buys Duniatex Assets for US$96M

JAKARTA (TheInsiderStories) - The developer, PT Pakuwon Jati Tbk (IDX: PWON), through its subsidiary, PT Pakuwon Permai, purchased three property assets owned by Duniatex Group with...

Indonesia’s Duniatex Escapes from Bankruptcy

JAKARTA (TheInsiderStories) - Semarang-based textile producer, Duniatex Group finally escaped the threat of bankruptcy after the suspension of the debt payment obligation on June...

Lolos dari Ancaman Pailit, Duniatex Restrukturisasi Utang Rp19 Triliun

JAKARTA (TheInsiderStories) - Perusahaan tekstil, Duniatex Group akhirnya lolos dari ancaman pailit setelah berakhirnya Penundaaan Kewajiban Pembayaran Utang (PKPU) di Pengadilan Niaga Semarang pada 26...

Allert! The Ability of Indonesian Companies to Pay Debt Vulnerable

JAKARTA (TheInsiderStories) - The high corporate leverage across Asia Pasific is posing increasing risk to the region banks, as slower economic growth, rising trade...

Indonesia’s Duniatex Fails to Pay Bond Interest

JAKARTA (TheInsiderStories) - Duniatex Group, Semarang-based textile company,  asked Singapore bourse to temporarily suspend its US$300 million bond trade, said the management yesterday (09/12). The...
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