PT CLM CONTINUES To Fulfill Its Obligations To Creditors And Vendors

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JAKARTA - PT Citra Lampia Mandiri (CLM) under the leadership of Helmut Hermawan remains responsible for fulfilling all its obligations to creditors and vendors even though the company's operational activities are disrupted by the chaos about share ownership. "The company is still able to fulfill its obligations to creditors and vendors even though operational activities are currently being disrupted," said PT CLM President Director Helmut Hermawan, in his statement, Wednesday, November 16. the company has made payments to vendors according to the predetermined schedule. On the first day of payment, the company has spent more than Rp8 billion. The funds are to pay the rental fees for heavy equipment and other activities. Until now, the payment of all these obligations is still ongoing and runs smoothly. Payment of these obligations is made by the company in cash. With these payments, the contractors and sub-office of PT CLM are not available. negative impact of the chaotic share ownership and management that occurred in CLM. "We hope that our employees, contractors and subcontractors, which number around 2,000 people, can return to their activities in a short time," said Helmut. Meanwhile, to resolve the chaos, legal resistance efforts for all legal problems that occurred in PT CLM are still ongoing and it is hoped that these efforts will run smoothly so that all legal problems can be resolved in a short time. Helmut He emphasized that previously there had been acts of vandalism, grabbing and alleged mistreatment of CLM employees carried out by law-law companies at this company's office in Malili and access to CLM mining. The illegal action was carried out on August 24, 2022 and September 13, 2022 "Regarding this, we have made civil and criminal legal efforts. The process is currently rolling," he said.CLM chaos arose after PT Aserra Mineralindo Investama (PT AMI) in this case This is PT Aserra Sejahtera Investama (ASI)/PT Aserra Capital (Aserra Group) wants to buy shares of APMR, the majority owner of CLM. In the process, the sale and purchase agreement was not carried out according to the agreement. However, Assera feels that it already has an APMR and wants to control PT CLM. Helmut emphasized that his party is the legal management of PT CLM based on its final deed on September 14, 2022, which has obtained approval from the Ministry of Law and Human Rights. "For that, we hope that law enforcement officials who "handling and supported by the local government can immediately resolve the chaos of share ownership and management in our company," Helmut explained.PT Citra Lampia Mandiri (CLM) is a domestic company that was established in 2007 and is engaged in the nickel laterite dmp mining sector and is a mining company with a mining business license (IUP) of 2,660 hectares or the largest in South Sulawesi.