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Companies & Markets

Claim against KOP In Batam court fails

Published Wed, Mar 13, 2019 · 12:08 PM
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PROPERTY developer KOP said on Wednesday that a court claim against certain of its subsidiaries has failed.

In December 2017, a statement of claim was filed by Dominic Andrla against certain KOP subsidiaries, to cancel the lease and unit management agreement for two units of a property owned by KOP's subsidiary.

The court of Batam, Indonesia, has since pronounced that the claim has failed and ordered Dominic Andrla to pay all costs incurred by the court.

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