Welcome to our dedicated page for Greenpro Capital news (Ticker: GRNQ), a resource for investors and traders seeking the latest updates and insights on Greenpro Capital stock.
Greenpro Capital Corp. (NASDAQ: GRNQ), established in 2013, is a rapidly growing professional corporate advisory entity with a team of experienced industry experts. The company specializes in providing cross-border public listing services, asset protection, trust services, financial review, and wealth management. Greenpro Capital's core mission is to help clients capitalize on their value by offering tailored expert advice.
In 2014, Greenpro Capital was listed on the OTCQB market in the United States, and in 2018, it successfully moved to the NASDAQ market. This strategic uplift showcases the company’s commitment to global expansion and reliability.
Greenpro Capital operates worldwide, with offices in Hong Kong, China, Taiwan, Malaysia, Singapore, Australia, and Thailand. The company’s services are focused on small and medium-sized businesses in Southeast Asia and East Asia, particularly in Hong Kong, China, Malaysia, Thailand, and Taiwan.
The company offers a broad range of services, including:
- Cross-border business solutions: Tax planning, trust and wealth management, listing advisory services, and transaction services.
- Record management and accounting outsourcing services.
- Venture capital business operations.
- Real estate business: Trading or leasing of commercial properties in Hong Kong and Malaysia.
Recent Achievements:
Greenpro Capital’s subsidiary, Green-X, operates the world’s first Shariah-compliant ESG Digital Asset Exchange. This platform was awarded the world’s first Shariah-compliant Carbon Credit Tokenization Platform by ESG Association Malaysia, recognizing Green-X’s contribution to ESG initiatives in Malaysia. The core product, the Security Token Offering (STO), helps small and medium entrepreneurs digitalize, securitize, and tokenize their illiquid assets.
Greenpro Capital has also inked significant partnerships, such as a Memorandum of Understanding (MOU) with Klaytn Foundation and Korea-based CREDER to integrate real-world assets into the DeFi/Web3.0 ecosystem. The collaboration aims to leverage blockchain technology to enhance liquidity, transparency, and fractional ownership opportunities.
Current Projects:
Greenpro Capital is actively developing a pipeline of Shariah-compliant physical-based digital assets for DeFi platforms. This includes tokenizing assets like gemstones, rare earth elements, and Chinese antiques. Additionally, the company is focused on green technology projects in Indonesia, such as perpetual electromagnet generators, waste engine oil to green diesel catalysts, and pure drinking water creation.
Financial Condition:
Greenpro Capital has issued 7,575,813 shares, with a float of 4,089,641 shares. The company continues to show robust financial health and strategic partnerships, reinforcing its position as a leader in the corporate advisory and digital asset exchange sectors.
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.
Greenpro Capital Corp. (NASDAQ:GRNQ) announced its incubator company, Angkasa-X, has signed a Memorandum of Understanding with Silkwave Holdings Limited to create the world's first GEO-LEO integrated satellite network. This partnership aims to enhance internet connectivity, multimedia services, and digital transformation in the ASEAN region. A Space Technology Ecosystem will be established in Penang, Malaysia, supported by Bank of Asia as the global financial advisor. Greenpro holds 28 million shares in Angkasa-X and plans an IPO for the company by the end of 2021.
Greenpro Capital Corp. (NASDAQ:GRNQ) has announced the distribution of approximately 6.6 million shares of SEATECH Ventures Corp. (SEAV) to its shareholders of record by August 31, 2021. This dividend, valued at $13.7 million based on SEAV's recent price of $2.08, will provide one share of SEAV for every 10 shares of GRNQ held. CEO CK Lee expressed satisfaction in rewarding shareholders and indicated future dividends from other incubated companies. SEAV aims to up-list to a main stock exchange in 2022.
Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Dr. CK Lee has announced plans for CryptoSX to become the leading Security Token Offering (STO) exchange by the end of 2021. Established in 2018, CryptoSX has secured a Full Principal License from the Philippines' CEZA. The platform aims to facilitate efficient funding for startups through STOs, positioning itself as a regulatory-compliant alternative to traditional fundraising. With an 18% equity stake in CryptoSX's parent company, Greenpro anticipates significant growth and value from this investment as part of its broader digital finance goals.
Greenpro Capital Corp. (NASDAQ:GRNQ) has announced a partnership with IHTHS Corporation to develop a Shariah Compliant Digital Finance & Economic Zone in Brunei. This initiative supports the BIMP-EAGA vision for innovation-based growth and is expected to create a robust digital ecosystem for over 1.9 billion Muslims worldwide. Key features include new offshore company rules and digital asset trading regulations, enhancing capital opportunities for businesses in various industries. Greenpro will serve as the Chief Architect of the project, aiming to meet the growing demand for Shariah compliant products.
GreenPro Capital Corp. (NASDAQ:GRNQ) has announced its digital transformation roadmap aimed at achieving a digital economy by 2023. The roadmap emphasizes the significance of digital finance in enhancing efficiency and streamlining financial processes. Key acquisitions include Millennium Sapphire and a stake in Ata Plus, along with investments in Innovest Energy Fund focused on cryptocurrency. The company plans to improve various intelligence services, including digital banking and compliance, while supporting emerging growth businesses in these sectors.
Greenpro Capital Corp. (NASDAQ:GRNQ) announced a $5 million initial investment fund for participation in Security Token Offerings (STOs) on CryptoSX Digital Asset Exchange. The initiative aims to identify lucrative investment opportunities across various sectors such as energy storage, health, decentralized finance, and metal extraction technology. Additionally, CryptoSX has successfully listed six STOs since 2019 and plans for nine more in late 2021. This strategic move is expected to enhance shareholder value without waiting for IPO events.
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