Greenpro’s Incubation Company, GLC Obtains S-1 Effectiveness From SEC

Rhea-AI Summary

Greenpro Capital Corp. (NASDAQ:GRNQ) announced that its incubator company, Global Leaders Corporation (GLC), received S-1 Notice of Effectiveness from the U.S. SEC on May 25, 2021. Greenpro holds 9 million shares in GLC, which specializes in start-up advisory and corporate consulting in the Asia-Pacific Region. GLC aims to enhance management skills and efficiency through a structured three-stage consultancy approach. CEO CK Lee emphasized that GLC exemplifies Greenpro's successful incubation efforts, contributing to the professional development of businesses in Asia.

Positive

• Secured S-1 Notice of Effectiveness from U.S. SEC.
• Greenpro holds 9 million shares in Global Leaders Corporation.
• GLC aims to improve management efficiency for clients.
• Successful incubation of Global Leaders Corporation demonstrates business growth.

Negative

• None.

KUALA LUMPUR, MALAYSIA / ACCESSWIRE / May 27, 2021 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that its incubator company, Global Leaders Corporation "GLC" has obtained S-1 Notice of Effectiveness from the U.S. SEC on 25 May 2021.

Greenpro Capital currently holds 9 million shares in Global Leaders Corp.

Global Leaders Corporation (Website : www.globalleaders.com.hk)

Global Leaders Corporation is based in Hong Kong, with a focus on start-up advisory and corporate consulting services, targeting start-up companies and young entrepreneurs in the Asia-Pacific Region. Its vision is to unleash the full potential of people and create better social values in our society.

GLC aspires clients to create high-performance management teams while simultaneously improving the mindset of clients' management executives.

Through professional and customized consultancy services, GLC improves its client's management efficiency, as well as to analyze and improve upon their workplace culture.

GLC's professional consultancy service adopts a three-stage formula:

(1) Diagnosis Stage

• The goal is to gain a better understanding of the client and identify critical problems and challenges, internally or externally, which the client is facing.

(2) Execution of Solutions Stage

• Upon reaching agreement with the client, GLC will execute recommendations as advised in the diagnosis report.

(3) Follow-up Stage

• After completion of recommended solutions, GLC provides follow-up meetings to provide clients with guidance to identify successes and failures, as well as areas that can be improved, on an on-going basis.

Greenpro CEO CK Lee said, "Global Leaders Corporation (GLC), is another example of one of our successful incubation companies. The development of skills of our people is the basis of success for every business. This company will improve the skill sets and knowledge to provide qualified staff and management to businesses around the Asian region."

About Greenpro Capital Corp.

Headquartered in Kuala Lumpur, Greenpro Capital Corp. (Nasdaq:GRNQ), a Nevada corporation, with strategic offices across Asia, is a business incubator with a diversified business portfolio comprising finance, technology, banking, CryptoSx for STOs, health and wellness and fine art. With 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. We also operate venture capital businesses, including business development for start-ups and high growth companies, covering finance, technology, FinTech, and health and wellness. For further information regarding the Company, please visit http://www.greenprocapital.com.

Forward-Looking Statements
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "plans," "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think," "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

Greenpro Capital Corp.
Email: ir.hk@greenprocapital.com

Contact:

Dennis Burns
Investor Relations
Tel (567) 237-4132
dburns@nvestrain.com

SOURCE: Greenpro Capital Corp.

View source version on accesswire.com:
https://www.accesswire.com/649410/Greenpros-Incubation-Company-GLC-Obtains-S-1-Effectiveness-From-SEC

FAQ

What is the significance of the S-1 Notice of Effectiveness for GRNQ?

The S-1 Notice of Effectiveness allows Global Leaders Corporation to proceed with its registration statement, potentially enabling future capital raises or public offerings.

How many shares does Greenpro Capital Corp. hold in Global Leaders Corp.?

Greenpro Capital Corp. holds 9 million shares in Global Leaders Corporation.

What services does Global Leaders Corporation provide?

Global Leaders Corporation provides start-up advisory and corporate consulting services, focusing on improving management efficiency for startups and entrepreneurs.

When did Global Leaders Corporation receive the S-1 Notice of Effectiveness?

Global Leaders Corporation received the S-1 Notice of Effectiveness from the U.S. SEC on May 25, 2021.

What is Greenpro Capital Corp.'s role in business incubation?

Greenpro Capital Corp. acts as a business incubator, supporting companies like Global Leaders Corporation to enhance their business potential and operational effectiveness.