17 Jun 2021 13:14 (2 tahun 5 bulan lalu) -
JAKARTA – The Attorney General Office confiscates a land of PT Hokindo Properti Investama, a subsidiary of PT Rimo International Lestari Tbk (RIMO), in Manggar, Balikpapan, East Kalimantan. At the end of May 2021, the government has also seized land and building assets of RIMO’s subsidiary in Sumbawa Besar, West Nusa Tenggara, and Gandaria, South Jakarta. In the information disclosure, quoted on Thursday (17/6), Teddy Tjokrosapoetro, the President Director of RIMO, claims that this assets seizure would cause issues in the permit administration and the development of housing projects. “This threatens the longevity of the company,” he adds. A ...