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SEATECH VENTURES CORP - SEAV STOCK NEWS

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SEATech Ventures Corp., an investment holding company, provides business mentoring, nurturing, and incubating services in Asia. The company also offers corporate development advisory services. It primarily serves businesses and entrepreneurs of the information and communication technology and technology-based companies. Founded in 2018, SEATech Ventures Corp. is headquartered in Kuala Lumpur, Malaysia.

SEATech Ventures Corp. aims to nurture and incubate emerging growth technology companies in Southeast Asia to become tomorrow's Asian unicorns. As an incubation and mentoring platform, SEATech pools talents equipped with technical, market developmental, and financial expertise. They provide mentoring and consultancy on growth strategy through business combination and integration for companies to expand their business across Asia. SEATech advises companies to monetize, capitalize, and securitize their businesses by providing funding strategies, including securitized equity crowdfunding, private placement, and public listing. With a vast experience in business and ventures, the key management team possesses formidable business acumen and has access to a network of managing partners across Asia committed to introducing high-quality deal-flows. SEATech is well positioned to be recognized as an influential Asian Corporate Venture Capital firm in transforming, securitizing, capitalizing, and internationalizing Asia's next technology unicorns.

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SEATech Ventures Corp. announces acquisition of Just Supply Chain Limited
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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of SEATECH VENTURES (SEAV)?

The current stock price of SEATECH VENTURES (SEAV) is $0.12 as of April 16, 2024.

What is the market cap of SEATECH VENTURES (SEAV)?

The market cap of SEATECH VENTURES (SEAV) is approximately 18.5M.

What services does SEATech Ventures Corp. provide?

SEATech Ventures Corp. offers business mentoring, nurturing, and incubating services in Asia. Additionally, they provide corporate development advisory services.

Who does SEATech Ventures Corp. primarily serve?

SEATech Ventures Corp. primarily serves businesses and entrepreneurs in the information and communication technology and technology-based sectors.

When was SEATech Ventures Corp. founded?

SEATech Ventures Corp. was founded in 2018.

Where is SEATech Ventures Corp. headquartered?

SEATech Ventures Corp. is headquartered in Kuala Lumpur, Malaysia.

What is the core focus of SEATech Ventures Corp.?

SEATech Ventures Corp. focuses on nurturing and incubating emerging growth technology companies in Southeast Asia to become tomorrow's Asian unicorns.

What funding strategies does SEATech Ventures Corp. provide?

SEATech Ventures Corp. provides funding strategies including securitized equity crowdfunding, private placement, and public listing to help companies monetize, capitalize, and securitize their businesses.

Why is SEATech Ventures Corp. positioned as an influential Asian Corporate Venture Capital firm?

SEATech Ventures Corp. is positioned as an influential Asian Corporate Venture Capital firm due to their expertise in transforming, securitizing, capitalizing, and internationalizing Asia's next technology unicorns.

What recent acquisition has SEATech Ventures Corp. made?

SEATech Ventures Corp. has acquired Just Supply Chain Limited, a leading digital logistics and supply chain management platform specializing in on-demand commercial trucks aggregator in Malaysia.

Who are the key executives at SEATech Ventures Corp.?

The key executives at SEATech Ventures Corp. include Mr. Chin Chee Seong, the CEO, and Mr. Denell Wong Tien Erl, the CEO of Just Supply Chain Limited.

How does SEATech Ventures Corp. plan to revolutionize the digital logistics platform landscape?

SEATech Ventures Corp. plans to revolutionize the digital logistics platform landscape by combining the expertise and resources of both organizations, offering innovative solutions to businesses and enterprises across the Asia-Pacific region.

SEATECH VENTURES CORP

OTC:SEAV

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SEAV Stock Data

18.50M
52.12M
85.54%
Information Technology Services
Technology
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United States of America
Kuala Lumpur