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KinerjaPay receives subscription for $200mln investment from Wahana Group

KinerjaPay Corp (OTCQB:KPAY) CEO Edwin Ng tells Proactive Investors that the company has received a subscription for a $200 million investment from Indonesia’s PT Investa Wahana Development.

Ng says the investment will go towards its peer-to-peer lending operations, potential acquisitions, and strategic investments in the company's expansion plan for 2019. Ng says the company is also working towards a Nasdaq Stock Market listing this year.

Quick facts: KinerjaPay Corp

Price: 0.1059 USD

OTCMKTS:KPAY
Market: OTCMKTS
Market Cap: $5.28 m
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KinerjaPay CEO says $100 million subscription from Wahana Group is complete

KinerjaPay Corp (OTCMKTS:KPAY) CEO Edwin Ng tells Proactive Investors  that PT Investa Wahana Development has completed a SWIFT transfer of $100 million as part of its equity investment. Ng says the $100 million SWIFT transfer represents the first leg of that investment in the...

on 05/06/2019

2 min read