Former 7-Eleven franchiser to sell assets to pay back debts

PT Modern Internasional Tbk, former master franchiser of the recently closed down 7-Eleven stores in Indonesia, plans to sell its assets to save the company from further financial trouble and pay back its debts. Donny Sutanto said the company will sell assets including land, building and equipment from its 7-Eleven and Fuji Film stores to prospective investors.

July 17 2017, The Jakarta Globe - Read 63 times

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