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Search result with “Indobuildco” as a keyword founded 7 news.

Government Prepares Redeployment Plan for Sultan Hotel Workers

... legal dispute with hotel operator Indobuildco. In 2023, the government declined ... state. The court also ordered Indobuildco, controlled by the family of ... remained state property and that Indobuildco only held building-use rights ...
News Jun 24, 2026 | 9:29 pm

Government Plans to Demolish Sultan Hotel and Build New Landmark in Jakarta

... -long legal dispute with operator Indobuildco, which culminated in a court ruling ... , the government declined to renew Indobuildco’s land-use rights. The company ...
News Jun 23, 2026 | 8:17 am

Government Seizes Landmark Jakarta Hotel in Dispute With Sutowo Family

... developed by hotel operator Indobuildco. Court bailiffs, backed ... assets were controlled by Indobuildco. Now that they have ... project was carried out by Indobuildco, a company owned by ... court but ultimately lost. Indobuildco has maintained that discrepancies ...
News Jun 19, 2026 | 8:06 am

Police Detain 69 People During Sultan Hotel Eviction Operation in Jakarta

... . 1, 2025. The court also ordered Indobuildco to pay approximately $45.4 million ... -use concession was not renewed. Indobuildco was initially granted rights in ... renewed, prompting legal action by Indobuildco. Subsequent court rulings consistently favored ...
News Jun 18, 2026 | 4:50 pm

State Reclaims Sultan Hotel Property, Promises Benefits for the Public

... developer and hotel operator Indobuildco had expired in 2023 ... state. The court also ordered Indobuildco to pay approximately $45.4 ... between the government and Indobuildco had lasted nearly two ... been transferred or sold to Indobuildco. The company held only ...
News Jun 18, 2026 | 12:06 pm

Clashes Erupt as Authorities Move to Seize Jakarta’s Sultan Hotel

... Hotel) The court rejected Indobuildco’s lawsuit and upheld an ... 2025. The court also ordered Indobuildco to pay approximately $45.4 ... was not renewed. Indobuildco was initially granted rights ... triggering legal action by Indobuildco. The courts have since ...
News Jun 18, 2026 | 10:46 am

Jakarta Court Orders Sultan Hotel Eviction and $45.4m Royalty Payment

... Sultan Hotel complex, ordering Indobuildco — the developer and ... , the court rejected Indobuildco’s lawsuit against the government ... was not renewed. Indobuildco was first granted concession ... extended. Those efforts triggered Indobuildco’s lawsuit, which the ...
News Dec 1, 2025 | 4:57 pm
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