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CORPORATION

Sinarmas and Simas Jiwa Collect Debts from Tiga Pilar Through PKPU

PT Sinarmas Aset Management and PT Asuransi Simas Jiwa have finally collected their debts from PT Tiga Pilar Sejahtera Food Tbk (AISA) through the temporary suspension of debt payment obligations (PKPU) for 43 days. The AISA was reported to the Central Jakarta District Court as it could not pay its debt due on 5 July 2018.

Sinarmas Asset Management, as the applicant of the PKPU, holds a bond receivable bill worth Rp 21.14 billion. Tiga Pilar’s debt to Asuransi Simas Jaya is Rp 16.77 billion.

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