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PT. Gunung Raja Paksi, Tbk. Has Been Declared Under The Suspension Of Obligation For Debt Payment/PKPU

Lawyers: Dr. Julius Singara (Partner) / Doly James Simangunsong (Associate/Qualified Receiver) / Dinda Raihan (Associate) / Insan Fernaldi Lubis (Associate)

PT. Gunung Raja Paksi, Tbk. has been declared under the PKPU based on the Commercial Court Decision at Central Jakarta District Court Number: 432/Pdt.Sus-PKPU/2020/PN.Niaga.Jkt.Pst dated 25th January 2021. Therefore, all debt payments will be manage collectively with the Administrator Team appointed by the Commercial Court.

LSM Law Firm is appointed by Loesche GmbH and PT. Loesche Indonesia (global market leader in vertical roller mill technology for the cement industry since 1906) for representing them in every meeting related to this PKPU proceeding.