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SEATech Ventures Announces Client AsiaFIN Holdings Corp Obtained S-1 Notice of Effectiveness

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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.

Positive
  • AsiaFIN Holdings received S-1 Notice of Effectiveness, advancing its OTC listing plans.
  • SEATech holds 10 million shares of AsiaFIN, potentially increasing its asset value.
  • The announcement strengthens the credibility of SEATech's mentoring and incubation business model.
Negative
  • None.

KUALA LUMPUR / ACCESSWIRE / April 6, 2021 / SEATech Ventures Corp. (OTC PINK:SEAV) proudly announced that its first client AsiaFIN Holdings Corp. (AsiaFIN) has obtained S-1 Notice of Effectiveness from the United States Securities and Exchange Commission on 31st March 2021.

This is a groundbreaking milestone for both SEATech Ventures Corp. and AsiaFIN Holdings Corp. as AsiaFIN is the first in a line of SEATech Ventures' clients previously unveiled. SEATech Ventures currently holds 10 million AsiaFIN shares. The S-1 Notice of Effectiveness marks the first significant leap in AsiaFIN's journey towards OTC listing as well as solidifying SEATech Ventures' mentoring and incubation business model as innovative and resilient formulas against the fluctuations of the economic landscape.

The CEO Mr Chin said, "the Notice of S-1 Effectiveness for AsiaFIN is a cumulation of years-worth of hard work and efforts from all parties involved and we are immensely delighted that all efforts have come to fruition for this is a monumental recognition that proves the success of SEATech Ventures' mentoring and incubation business model."

Enquiries:

SEATech Ventures Corp.

CHIN Chee Seong, Chief Executive Officer, Director

SEAH Kok Wah, Chief Investment Officer, Director

Email: Info@seatech-ventures.com

About SEATech Ventures Corp.

Headquartered in Kuala Lumpur, Malaysia, SEATech Ventures Corp. (OTC PINK: SEAV) (a Nevada corporation) aspires to nurture and incubate emerging growth technology companies in South East Asia that aim to become tomorrow's Asia unicorns. SEATech is an incubation platform, pools together talents that are equipped with technical, market developmental and financial expertise. We provide mentoring and consultancy on growth strategy through business combination and integration for companies to expand their business across Asia. We advise companies to monetize, capitalize and securitize their businesses by providing funding strategy which includes equity crowd funding, private-placement and go public. With a vast experience in business and ventures, our key management team possess the business acumen and have access to a network of managing partners across Asia who commit to introduce high quality deal-flows to us. SEATech is well positioned to be recognized as an influential Asian Corporate Venture Capital firm in transforming, securitizing, capitalizing and internationalizing Asia technology companies. For further information regarding the company, please visit http://www.seatech-ventures.com

About AsiaFIN Holdings Corp.

AsiaFIN Holdings Corp. (AsiaFIN), a Nevada Corporation, operates through its wholly owned Malaysia and Hong Kong subsidiaries, is currently providing market research studies and consultancy services pertaining to system solutions and integration of unattended payment kiosks and payment processes to its clients. At present, AsiaFIN provides services solely to companies located in Malaysia. It is AsiaFIN' intention to expand its service area to companies located in Vietnam, Indonesia, Hong Kong, and other areas of the South East Asia region. We aspire to enhance the efficiency of our clients' financial services system through information technology and by promoting a Web-Based solution to our customers in addition to providing consulting services. Our mission is to become the "ecosystem enabler" through our solutions in Payment Processing, Regulatory Technology (REGTECH), Robotic Process Automation (RPA) and Unattended Payment Kiosks that help to facilitate the business operations, and assist with system integration, for merchants and entrepreneurs in Asia. For further information regarding the company, please visit https://asiafingroup.com

Forward Looking Statement

This press release contains forward-looking statements that involve risk and uncertainties involving the use of words such as "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". Investors should be aware that all forward-looking statements contained within this press release are good faith estimates of management as of the date that this press release is prepared based on current expectations that involve known and unknown risks. Our actual results could differ materially from those anticipated in these forward-looking statements for numerous reasons as described in the company website.

SOURCE: SEATech Ventures Corp.



View source version on accesswire.com:
https://www.accesswire.com/638968/SEATech-Ventures-Announces-Client-AsiaFIN-Holdings-Corp-Obtained-S-1-Notice-of-Effectiveness

FAQ

What does the S-1 Notice of Effectiveness mean for SEAV?

The S-1 Notice of Effectiveness indicates that AsiaFIN Holdings is progressing towards an OTC listing, benefiting SEATech Ventures Corp. by validating its business model.

How many shares of AsiaFIN does SEATech hold?

SEATech Ventures Corp. holds 10 million shares of AsiaFIN Holdings Corp.

When did AsiaFIN receive the S-1 Notice of Effectiveness?

AsiaFIN received the S-1 Notice of Effectiveness on March 31, 2021.

What is the significance of the announcement for shareholders of SEAV?

The announcement signifies potential asset value increase for SEAV shareholders due to AsiaFIN's upcoming OTC listing.

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