KinerjaPay Corp. Establishes Wholly-Owned Subsidiary in Jakarta, Indonesia
Company Establishes its Wholly-Owned Subsidiary PT Kinerja Pay Indonesia in Jakarta City, Indonesia to Manage and Expand its eCommerce Business in Indonesia.JAKARTA, Indonesia, May 3, 2016 /PRNewswire/ -- KinerjaPay Corp. (OTCQB: KPAY), today announced that it established its new wholly-owned subsidiary, PT Kinerja Pay Indonesia, with offices located in Jakarta city, Indonesia. The new Subsidiairy was organized under Indonesian Incorporation Law Article No.34, dated 14 April 2016, and Principal License from Indonesia Investment Coordinating Board (BKPM) No.909/1/IP/PMA/2016 dated 06 April 2016. The Company has also appointed Mr. Deny Rahardjo as Chief Executive Officer (CEO) of PT Kinerja Pay Indonesia.