Seatech Ventures Stock Price, News & Analysis

SEATech Ventures Corp. (OTC PINK:SEAV) announced that its incubatee, catTHIS Holdings Corp., received an effective registration statement on Form S-1 from the U.S. SEC on February 10, 2022. catTHIS, led by CEO Dr. Benny Yeo, aims to promote a greener planet by reducing printed catalogs through their digital e-Catalogue management platform. This achievement underscores SEATech's effective mentorship and incubation strategy. Currently, SEATech holds 19 million shares in catTHIS, positioning itself as a significant stakeholder in the environmentally focused digital solutions space.

SEATech Ventures Corp. (OTC PINK:SEAV) announced a significant milestone as its incubatee, JOCOM Holdings Corp., received the S-1 Notice of Effectiveness from the U.S. Securities and Exchange Commission. This achievement highlights the strength of SEATech's mentorship and incubation model, aimed at navigating macroeconomic challenges. The S-1 registration statement will facilitate the issuance of 57,600,000 common shares, with 8,500,000 shares currently held by SEATech. The CEO emphasized this success as a testament to their effective strategy and collaborative efforts.

SEATech Ventures Corp. (OTC PINK:SEAV) announced that its first client, AsiaFIN Holdings Corp. (OTC PINK: ASFH), has successfully obtained its trading symbol after S-1 Effectiveness approval by the U.S. SEC. This milestone follows AsiaFIN's IPO fundraising and enables public trading of its shares. SEATech holds 10 million shares in AsiaFIN. CEO Chin Chee Seong emphasized that AsiaFIN's achievement reflects SEATech's effective business model and serves as an inspiration for future incubated companies.

SEATech Ventures Corp. (OTC PINK:SEAV) has partnered with The National Tech Association of Malaysia (PIKOM) to organize the PIKOM SEADragon pitching sessions from April to July 2022. This initiative aims to shortlist top Malaysian tech startups for the World Congress on Innovation & Technology (WICT) 2022, set for September 13-15, 2022, in Penang. The first session occurred on April 7, 2022, with three startups progressing to the finals, showcasing strong ESG characteristics. This program marks a pivotal step in SEATech's SEAV 2.0 transition, aiming to incubate potential South East Asian unicorns.

SEATech Ventures Corp. (OTC PINK:SEAV) reported that its incubate, Angkasa-X, has gained membership in the International Telecommunications Union (ITU) under the radio communication sector. This milestone is pivotal for Angkasa-X's goal to provide internet connectivity to underserved populations in Southeast Asia. They have partnered with BOA Investment Services for financial support in developing Low Earth Orbit (LEO) satellite constellations. SEATech Ventures holds 13 million shares in Angkasa-X, which aims to become a leading provider of satellite internet services in the region.

SEATech Ventures Corp. (OTC PINK: SEAV) announced the appointment of Mr. Tan Hock Chye as Chief Financial Officer (CFO), along with Mr. Ramesh Ruben Louis and Mr. Cheah Kok Hoong as Independent Non-Executive Directors (INEDs). These appointments aim to enhance corporate governance and provide broader perspectives within the board. Mr. Tan brings over 35 years of experience, while Mr. Louis and Mr. Cheah add substantial expertise in finance, auditing, and ICT. SEATech aims to leverage their experience to support its growth strategy in the Southeast Asian technology sector.

SEATech Ventures Corp. (OTC PINK: SEAV) announced that its client AsiaFIN Holdings Corp. received an S-1 Notice of Effectiveness from the Securities and Exchange Commission on March 31, 2021. This significant milestone marks AsiaFIN's progress towards OTC listing and validates SEATech's mentoring and incubation model. SEATech currently holds 10 million shares of AsiaFIN. CEO Chin Chee Seong expressed pride in this accomplishment, attributing it to years of hard work. The company aims to support emerging growth technology firms in Southeast Asia, positioning itself as a vital player in the region's corporate venture capital landscape.

SEATech Ventures Corp. (OTC PINK: SEAV) has launched a new business incubation program aimed at supporting emerging technology companies in Southeast Asia. The program provides investment, mentoring, and consultancy to help clients grow within the region. SEATech has partnered with Greenpro Capital Corp. to develop a Low Earth Orbit satellite communication venture, focusing on affordable internet connectivity in ASEAN. Currently, SEATech has engaged 12 managing partners and aims to expand this network further.