On 3 May 2018, JTrust filed a criminal charge against Group Lease PCL, alleging Group Lease committed the offense of defamation regarding its announcement dated 27 February 2018 on Group Lease’s website.

On 31 January 2019, the Court of First Instance rendered its judgement, dismissing JTrust’s charges citing lack of sufficient grounds for a formal trial. Subsequently, JTrust submitted an appeal on 25 April 2019.

On 11 December 2019, the Appeal Court rendered its judgement and again dismissed JTrust charge against Group Lease.

This is the second instance this month where an appeal court dismissed JTrust’s claim against a Group Lease company. Earlier this month, the High Court of Jakarta dismissed JTrust’s claim against our Indonesian subsidiary. While litigation can be time consuming, we are thankful courts are acknowledging that much of JTrust’s claims are invalid.