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Restructuring Ricopec Holdings, PTE. LTD. (and PT Ricopec Grup Indonesia) From Sumber Daya Asia, PTE. LTD in Extraterritorial Jurisdiction at a Crossroads
With a challenging economy and the difficulty of keeping sales results above a financial break-even point, this practical work contributes Sumber Daya Asia, Pte. Ltd.’s needs to become a highly/well capitalized business, larger, stronger company, which dedicated to providing the best quality, value and service to meet customers’ needs. A reference to draw on information that best suits their needs and provide a roadmap for moving in the desired direction, which in the form of suggestions to improve policies and practices in dealing with Singapore and Indonesia Law. Legal and financial reasons dictate a restructuring alternative. Practical work is being done from 3rd April 2017 as action of working days until 3rd June 2017 as report date.
Business owners can get into trouble buying or selling a business as much for what is not in the agreement as for what is. Leaving important items out of an agreement, including hard and intangible assets and liabilities, can cause problems months after the sale goes through. Payment terms are another critical aspect of an agreement. In order to make good concept of Bauxite Mine Binding Agreement and for ensure good concept of Employment Contract as their needs, it will start based on Sumber Daya Asia, Pte. Ltd.’s experience, knowledge and proven record in the handling of commodity from source to delivery can lead to the best known how to ensure on time delivery within cost parameters, and able to achieve efficiently through the following logistic chain of management and facilities based on agreement.
Restructured from Sumber Daya Asia, Pte. Ltd. - Ricopec Holdings, Pte. Ltd. (and PT. Ricopec Grup Indonesia) incorporated as a Private Company Limited by Shares under the Singaporean Companies Act Cap. 50 on 6th April 2017 and Limited Liability Company concerned by Law of the Republic of Indonesia Number 20 of 2010 on 15th April 2017. Ricopec Holdings, Pte. Ltd. (and PT. Ricopec Grup Indonesia) will have creation of sustainable long-term stakeholder value through operational excellence and efficient management of comprehensive international trading, whilst unlocking the value of strategic sources and investments. Full protection in written laws by International Law, especially on South East Asia and China system-wide basis, which related to good practices across both systems.
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