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MDJM LTD (Nasdaq: MDJH) is an integrated global culture-driven asset management company. Established in 2002, MDJM operates through its subsidiaries, providing a wide array of real estate-related services and focusing on developing hospitality and cultural properties. The company's operations are segmented into two primary areas: real estate agency services and the hospitality business.
Real Estate Services: MDJM offers comprehensive real estate agency services to developer clients, including consulting, marketing planning, advertising services, and sales strategies. The company's revenue is primarily generated from commission-based services, supported by minimal consulting and other services.
Hospitality Ventures: Recently, MDJM has ventured into the hospitality sector with strategic acquisitions. In June 2023, the company acquired and renovated two notable properties in the United Kingdom: Fernie Castle in Scotland and Robin Hill Hotel in England. These acquisitions align with MDJM's strategic shift towards blending historical heritage with modern amenities, aiming to create unique guest experiences.
Fernie Castle: Nestled in 17 acres of woodlands in Fife, Scotland, Fernie Castle boasts a rich history spanning 670 years. The castle, featuring a private lake, ancient igloo, and a treehouse, has been transformed into an elegant wedding venue and a cultural hub. The renovations enhanced its allure, providing guests with a blend of historical elegance and modern luxury.
Robin Hill Hotel: Located in Torquay, England, Robin Hill Hotel is a vintage boutique establishment that combines Victorian charm with modern comforts. The hotel offers exquisite breakfast options, a tranquil garden, and an inviting bar, making it a nostalgic retreat for guests. It stands as a testament to MDJM's commitment to preserving historical properties while integrating contemporary amenities.
MDJM's strategic vision focuses on expanding its global footprint by investing in culturally significant properties. The company plans to integrate advanced digital technologies with historical sites, enhancing operational efficiency and enriching guest experiences. MDJM aims to respect and preserve cultural heritage while creating assets of both historical and contemporary value.
In addition to its real estate and hospitality ventures, MDJM is actively promoting cultural exchanges. The company's projects, such as the renovation of Fernie Castle and the establishment of an oriental garden, aim to foster cultural appreciation and understanding between Eastern and Western traditions. These initiatives not only create unique cultural experiences but also contribute to local economic development by generating job opportunities and enhancing tourism.
MDJM's forward-looking strategy includes partnerships with renowned architectural and design institutions to develop architecturally notable hotels globally. The company's commitment to cultural and hospitality sectors positions it for continued growth and diversification, aiming to create a more integrated, globalized asset management portfolio.
For more information about MDJM LTD, please visit http://ir.mdjmjh.com/.
MDJM (Nasdaq: MDJH) received a notification from Nasdaq on October 23, 2024, indicating non-compliance with the minimum bid price requirement. The company's shares failed to maintain the required $1.00 minimum bid price for 30 consecutive business days from September 11 to October 22, 2024. MDJM has been granted 180 calendar days, until April 21, 2025, to regain compliance by achieving a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If unsuccessful, the company may be eligible for an additional 180-day compliance period, potentially requiring a reverse stock split.
MDJM (Nasdaq: MDJH), a global culture-driven asset management company, has announced a $2.45 million private placement with institutional investors. The company will issue 2,722,224 units at $0.90 per unit, each consisting of one ordinary share and two warrants. The Series A warrant is exercisable at $1.35 per share, while the Series B warrant has an exercise price of $0.001 per share. Both warrants have a 3.5-year term. The private placement is expected to close on September 12, 2024, subject to customary conditions. Maxim Group is acting as the sole placement agent for this offering, which is exempt from registration under Section 4(a)(2) of the Securities Act of 1933.
MDJM (Nasdaq: MDJH), a global culture-driven asset management company, has appointed William Bo Wang as a board member and Director of its UK subsidiary, Mansions Catering and Hotel Wang's extensive background in education and cultural exchange is expected to enhance MDJM's cultural business development in England, particularly through educational activities and projects. His expertise includes:
- Strong networks with UK educational institutions
- Fluency in Mandarin, English, and Cantonese
- Experience in international educational collaboration
- Membership in the Chinese Institute of Certified Public Accountants
Wang will focus on integrating educational aspects into MDJM's cultural projects, including enhancing the appeal of renovated properties like Fernie Castle and Robin Hill Hotel as platforms for cultural exhibitions and exchanges.
MDJM (Nasdaq: MDJH) has announced a strategic partnership with Tianjin Rongbaozhai Culture Communication Co., to enhance their cultural and artistic businesses. This collaboration aims to strengthen MDJM's position in the cultural sector by providing access to top-tier resources in traditional Eastern art and culture. Key points of the partnership include:
1. Utilizing MDJM's historical properties, Fernie Castle and Robin Hill Hotel, as bases for cultural dissemination
2. Hosting art exhibitions, artist exchanges, auctions, and cultural product sales
3. Developing high-end customized cultural products for UK and European markets
4. Exploring digitalization of art assets, including digital art platforms and NFTs
5. Reinforcing MDJM's efforts to build a robust cultural and artistic portfolio
This partnership aligns with MDJM's ongoing cultural initiatives and long-term strategy for sustainable cultural development and global market expansion.
MDJM (Nasdaq: MDJH), a global culture-driven asset management company, has appointed Professor Duncan Murray Campbell to the Expert Committee of its UK subsidiary, MD Local Global Professor Campbell, a renowned expert in Chinese cultural history and Eastern garden design, is expected to play a important role in MDJM's cultural projects in the UK. With over 40 years of experience, he will contribute to all project phases, from planning to operations. His appointment aims to enhance the artistic positioning of Eastern gardens, expand MDJM's cultural resources, and foster global cultural exchanges. MDJM will compensate Professor Campbell with company shares for his contributions.
MDJM (Nasdaq: MDJH), a global culture-driven asset management company, has appointed Dr. Pei-Kai Cheng to the Expert Committee of its UK subsidiary, MD Local Global Dr. Cheng, a distinguished scholar with a Ph.D. from Yale and postdoctoral research at Harvard, will play a important role in MDJM's cultural projects in the UK. His expertise is expected to enhance strategic planning, design, construction, and operation of these initiatives.
Dr. Cheng's appointment aims to promote cultural value, integrate resources, and advance cultural education. MDJM will compensate him with company shares. This move aligns with MDJM's ongoing projects like TestBed2 in Chongqing and collaboration with Miansu artist Mingyuan Chen, focusing on urban renewal and traditional Chinese art in modern contexts.
MDJM has announced a strategic collaboration with Chongqing Tu Bi to enhance global cultural exchange and expand its cultural business. The partnership involves MDJM's subsidiary, Mansions Catering and Hotel, and Chongqing Tu Bi. They will focus on the development of cultural products for international markets, particularly the UK and Europe. A major initiative includes transforming the historic Victorian Robin Hill Hotel in England into the 'Eling TESTBED2 Overseas Art Center.' This center will showcase artistic creations and products resulting from the partnership. Additionally, the collaboration aims to digitize art assets and promote NFTs. The initiative promises to foster artistic communication and boost business development.
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