An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors make a ...

In a few weeks, shareholders should vote on whether to wind down, restructure, or sell the company. Read more at straitstimes ...

"This could have a chilling effect for, conservatively, 12 months, but probably longer," Justin Hall of Golden Gate Ventures ...

The outcome was an extravagant valuation that had no connection to fundamentals. Even with its fabricated revenue, eFishery was trading at an EV/Sales ratio of two times. Agri-processors such as Japfa ...

Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to ...

By bno - Surabaya bureau One of Southeast Asia’s most talked-about controversies is the alleged fraud at eFishery, an ...

SINGAPORE - Indonesian aquaculture start-up eFishery on Feb 4 announced that it has involved business consulting and ...

FashionValet burst into the spotlight in November when Malaysian sovereign wealth fund Khazanah Nasional and Permodalan Nasional, the country’s largest fund management company, incurred a 43.9 million ...

Beleaguered Indonesian aquatech unicorn eFishery, which has raised multi-million-dollar funding rounds from investors such as ...

An in-house workers union has issued a scathing statement demanding the scandal-ridden company to call off the mass layoff planned for next month, maintain its operations and review potential business ...

The union gathered to voice growing concerns about the company’s future and its impact on employees and stakeholders.

A series of fraud cases raises questions about due diligence, but also regulatory oversight, in Indonesia’s start-up scene at ...