Welcome to our dedicated page for Greenpro Cap news (Ticker: GRNQ), a resource for investors and traders seeking the latest updates and insights on Greenpro Cap stock.
Greenpro Capital Corp (GRNQ) is a diversified financial services provider specializing in cross-border advisory, digital asset solutions, and SME support across Asia. This news hub delivers timely updates on corporate developments, strategic initiatives, and market-moving events.
Access official press releases and curated financial news covering GRNQ's core activities: cross-border listings, venture capital investments, real estate transactions, and innovations through its GreenX digital asset platform. Track updates on mergers, partnerships, regulatory compliance, and ESG-focused financial products.
Investors will find essential information on earnings reports, leadership changes, and growth strategies. Analysts can monitor the company's expanding role in Shariah-compliant tokenization and international market penetration. All content is verified for accuracy and updated regularly.
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Greenpro Capital Corp. (NASDAQ:GRNQ) announced a strategic partnership with PIKOM and SEATech Ventures Corp., supported by the Government of Malaysia. This collaboration aims to leverage the rapid growth of blockchain technology and security token offerings (STOs) for financing potential unicorn companies. Greenpro aims to enhance its CryptoSX digital asset exchange and develop a global blockchain ecosystem by 2022. As of June 2018, Greenpro achieved a market cap of approximately US$ 1.26 billion.
Greenpro Capital Corp. (NASDAQ: GRNQ) has chosen its CryptoSX Digital Asset Exchange as the platform for trading the DIGau Security Token from Dignity Corporation. This token, backed by a minimum of $6 billion in U.S. gold reserves, offers investors a secure investment opportunity in precious metals. CryptoSX aims to redefine investor perceptions through its focus on Security Token offerings (STOs). Greenpro's CEO highlighted the growing cryptocurrency regulation and the potential of security tokens as a viable fundraising method.
Greenpro Capital Corp. (NASDAQ:GRNQ) announced on November 9, 2021, that it has regained compliance with NASDAQ Listing Rule 5550(a)(2), which mandates a minimum bid price of $1.00 per share. This determination follows the company maintaining a closing bid price above $1.00 for 10 consecutive business days. Previously, Greenpro had received a non-compliance notice on August 30, 2021, due to not meeting the price requirement for 30 consecutive days. The company's operations in diverse sectors include finance, technology, banking, and health.
Greenpro Capital Corp. (NASDAQ:GRNQ) announced its incubated company, Angkasa-X, is establishing a SpaceTech ecosystem in Malaysia with support from industry and government organizations. The global SpaceTech economy is valued at $4.7 trillion and projected to reach $10 trillion by 2030. Greenpro holds 28 million shares in Angkasa-X and plans an IPO on a U.S. exchange. CEO Dr. Lee highlighted plans for a Security Token Offering (STO) to finance the SpaceTech initiatives, aiming for Angkasa-X to become a unicorn by providing satellite connectivity to Southeast Asia.
Greenpro Capital Corp. (NASDAQ:GRNQ) announced progress in its crypto-mining project in Malaysia following a Private Public Partnership Agreement signed in August 2021. The company is negotiating with local authorities to set up cryptocurrency-mining operations in a special economic zone that promotes green and solar-based initiatives. Greenpro aims to leverage Securities Token Offerings (STO) to facilitate digital finance for various incubated projects, enhancing financing efficiency in the evolving digital economy.
Greenpro Capital Corp. (NASDAQ:GRNQ) announced that its incubated company, Angkasa-X, became an ITU-R member and is filing for Low Earth Orbit (LEO) satellite launches. This move is part of Angkasa-X's plan to establish the ASEANLINK LEO Satellite Constellations, aiming to provide connectivity to 670 million in Southeast Asia. A Financial Advisory Agreement with BOA Investment Services has been executed to raise funds for this project. Greenpro owns 28 million shares of Angkasa-X and plans an IPO on a U.S. exchange soon.
Greenpro Capital Corp. (NASDAQ: GRNQ) has announced investments in two Pre-STO projects approved by CEZA, utilizing the CryptoSX platform. The companies include Link Cap International, focusing on agarwood production, and Samothrace International, a consumer credit platform. Link Capital aims to meet the $15 billion global agarwood market demand, while ATM online serves over 500,000 users in Southeast Asia. Greenpro's CEO emphasized the potential for significant growth in decentralized finance as these companies leverage Greenpro's multi-disciplinary expertise.
Greenpro Capital Corp. (NASDAQ:GRNQ) has extended the record date for its declared dividend of shares in SEATECH Ventures Corp. (OTC PINK:SEAV) to September 13, 2021, previously set for August 31, 2021. Shareholders must hold their GRNQ shares through September 14, 2021 to qualify for the dividend, which will distribute one restricted share of SEAV stock for every ten shares of GRNQ held. The Company owns 10 million shares of SEAV, which aims to incubate emerging tech companies in Southeast Asia.
Greenpro Capital Corp. (NASDAQ:GRNQ) announced a dividend distribution of SEATECH Ventures Corp. (SEAV) shares to shareholders of record on August 31, 2021. Shareholders must hold their GRNQ shares through September 1, 2021, to qualify. For every 10 shares of GRNQ owned, shareholders will receive 1 share of SEAV, which recently closed at $2.08. CEO CK Lee expressed satisfaction in rewarding shareholders and hinted at future dividends from other companies being incubated by Greenpro.
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