新聞Kwap partnered with Lestari Cooling Energy on Jul 1st '25.Last year, it formed a joint venture, Lestari Cooling Energy, with Malaysian engineering services company KJTS Group, with local pension fund Kumpulan Wang Persaraan joining as a strategic investor.
新聞Kwap has issues with organised fraud involving the manipulation of eFishery's financial reports.The Finance Ministry previously told Parliament that KWAP was believed to have fallen victim to an organised fraud involving the manipulation of eFishery's financial reports by the company's management.
新聞Kwap invested into eFishery $47.7M in Series D on Jul 1st '23.KWAP invested US$47.7 million (about RM200 million) in eFishery in July 2023.
