ICC Imposes A Fine of IDR2 Billion on PT. Hok Tong for Delayed Notification of The Acquisition of Three Companies.

Friday, December 2, 2022

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Palembang (8/11) – Indonesia Competition Commission (ICC) imposed a sanction in the form of fine on PT. Hok Tong amounting to IDR2 billion for delayed notification of the acquisition transactions of three companies, namely PT Pulau Bintan Djaya, PT Sumber Djantin, and PT Sumber Alam. The sanction was pronounced at the Panel Hearing for the… [Read More]