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 agritech start-up eFishery raised $200 million in Series D funding, pushing the company into unicorn status with a ...

The internal investigation was triggered by a whistle-blower’s claim about the company’s accounting. Read more at straitstimes.com.

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 ...

EFishery Pte, one of Indonesia’s most prominent ... and dismissed co-founder and Chief Executive Officer Gibran Huzaifah after the accounting inconsistencies were discovered, the people said.

(Bloomberg) -- EFishery Pte, one of Indonesia’s most ... and dismissed co-founder and Chief Executive Officer Gibran Huzaifah after the accounting inconsistencies were discovered, the people ...

and dismissed co-founder and CEO Gibran Huzaifah after the accounting inconsistencies were discovered, the sources said. “We are fully aware of the gravity of the market speculation and we take this ...

Indonesian startup EFishery Pte, a $1.4 billion company backed by SoftBank Group and Temasek Holdings, has allegedly been faking the majority of its sales for years, according to an internal ...