Bankrupt apparel manufacturer PT Concord Benefit Enterprises (CNBE) faces delisting from the Jakarta Stock Exchange, Asia Pulse reported.

Trading in the company has already been suspended.

Demand for bankruptcy was filed by its creditors including PT Tata International Multifinance, PT Bank Siconesia, PT Sigma Batara, PT Total Thread Ind, PT Indover Bank and PT Winner Garment Manufacturing.

The company owes $86m.