• Totalindo Eka Persada confirmed in a November 12, 2026, response that a Jakarta court declared it bankrupt on November 5.
• The ruling canceled its court-approved debt settlement following a creditor's petition.
• Management acknowledged material uncertainty over its ability to continue as a going concern.
• Legal advisers are reviewing potential next steps, while management assesses the ruling's impact on operations, finances and project completion.
• Outstanding obligations are under reconciliation, with creditor claims subject to verification by the court-appointed administrators.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Totalindo Eka Persada Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32185271) on November 13, 2026, and is solely responsible for the information contained therein.