JAKARTA, KOMPAS – The Investment Management Agency of Daya Anagata Nusantara (BP Danantara) plans to take over PT Sri Rejeki Isman or Sritex, a textile and garment company in Sukoharjo that was declared bankrupt on March 1, 2025. To implement this plan, BP Danantara will begin price negotiations with the curators of Sritex. This was…
The owner of iconic British bike company Raleigh and French brand Lapierre, the Accell Group, has been declared bankrupt, according to reports in the Netherlands. An Amsterdam court declared the Dutch parts of the company bankrupt this week, the NL Times reported, after insolvency proceedings were begun last week. However, there is hope on the…
A German office furniture retailer has entered preliminary insolvency proceedings, with business continuing at its Munich, Frankfurt and Hamburg locations. The Munich Local Court appointed restructuring specialist Dr Florian Linkert as provisional insolvency administrator on August 4. © Zimmytws | Dreamstime The…
The sister of bankrupt Jon Adgemis has not turned up at a public examination of the former KPMG deal maker turned pub baron’s business dealings, with her lawyers telling a court that she had not received a summons before saying that she was too unwell to appear. Despina Adgemis is the second member of the…
Selangor assembly speaker Lau Weng San said he was informed that an assemblyman might have lost his eligibility to remain in office, but a review found no such issue. (Bernama pic) PETALING JAYA: There is currently no need to declare any Selangor seat vacant, says state assembly speaker Lau Weng San. Lau said he had…
Insilco AGM sets board appointments amid ongoing voluntary liquidation scanx.trade Read the original article here
Raleigh and Lapierre owner declared bankrupt, potential sale to Irish company on horizon Yahoo Sports Read the original article here
Saul Loeb/ Getty Images; Kevin Dietsch/ Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. America’s mounting debt has long raised concerns. But following the Treasury Department’s latest report, some experts say the situation has reached a breaking point — the nation is now effectively “insolvent.”…
REVEALED: Liquidator appointments for businesses in the Brisbane council area for August 13 The Courier Mail Read the original article here
REVEALED: Liquidator appointments for businesses in the Moreton Bay council area for August 13 The Courier Mail Read the original article here