Borneo Olah Sarana Sukses Seeks Review of Subsidiary’s Bankruptcy Ruling
Bitget2026/10/30 23:14- Borneo Olah Sarana Sukses faces material going-concern uncertainty tied to subsidiary Bangun Olahsarana Sukses' bankruptcy, auditors warned on October 28, 2026.
- A Supreme Court review remains pending; management is working with bankruptcy administrators to finalize investor and contractor agreements supporting business continuity.
- Mining disruptions linked to the subsidiary's legal status and liquidity constraints left the company with no commercial sales in 2025.
- Unpaid obligations include Rp 38.97 billion in installments to Rocksbridge Energy; Pratama Bersama has Rp 43.14 billion in unpaid debt.
- Pratama Natural Resources and its subsidiaries recorded a Rp 34.74 billion comprehensive loss, with an equity deficit of Rp 239.9 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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