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Spotlight: recent restructuring and insolvency developments in Indonesia

Ruling to decide fate of Garuda s revamp plan

JAKARTA: PT Garuda Indonesia faces a court ruling yesterday on a debt suspension sought by a vendor that would buy it time for a restructuring that is testing how far Indonesia’s government will go to rescue a state-owned company.

Garuda queried about outstanding obligations by stock exchange

Garuda queried about outstanding obligations by stock exchange
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