KUALA LUMPUR, MALAYSIA / ACCESSWIRE / May 17, 2024 / Greenpro Capital Corp. (NASDAQ:GRNQ) GreenX conducted a working visit to Cambodia to identify action points for environmental, social and governance (“ESG”) and climate change policies. The visit took place at the invitation of His Excellency Preap Kol, Minister attached to the Prime Minister of Cambodia, to address and establish specific areas such as the Carbon Credit Alliance, Climate Action Alliance, Security Token Offer (“STO”) Alliance etc.
During the Global Climate Action Forum 2024 (“GCAF 2024”) in Phnom Penh, GreenX signed a Memorandum of Understanding (“MoU”) with W-Foundation member company, KS Green, with the scope of the collaboration focusing on five key areas as below:
|
(A) |
Develop STO & RWA (“Real World Assets”) Project and collaboration for both parties to benefit from a common goal. | |
|
(B) |
Support in the accessibility of project financing | |
|
(C) |
Educational program, training and study exchange | |
|
(D) |
Sharing resources and building capacity in the field of technology and advice | |
|
(e) |
Industry standards and best practices for collaborative technology |
News items about the event can be found at https://www.khmertimeskh.com/501489781/cambodia-highlights-climate-change-efforts-at-global-forum/
“We have identified a pilot site with more than 30,000 hectares of palm oil and rubber plantations as the starting point for our carbon credit tokenization project. We see potential to further develop this area with sustainable features such as Green ESG Industrial Park, Green Port and Green Smart Cities,” said Dr. CK Lee, CEO of GreenPro Capital.
GreenX also paid a courtesy visit to the Digital University of Cambodia (“DUC”), an institution approved by the Government of Cambodia to promote digitalization among the youth population. More than 1,400 students in DUC are pursuing programs in programming, IT and digital research that will improve and increase the knowledge and skill levels of young Cambodians. GreenX would like to explore strategic cooperation with DUC to stimulate talents in the field of fintech and digitalization. More information can be found at https://www.facebook.com/DUCambodia
“Cambodia represents one of the largest untapped markets in the Southeast Asia region for potential economic growth and development. This country is blessed with a new government that is visionary and receptive to digitalization and new energy, while focusing on the country’s progress in line with the net zero emissions target by 2050. We believe that the upcoming new Funan Techo Canal and Techo International Airport will stimulate further opportunities across all sectors,” said HE Preap Kol, Minister attached to the Prime Minister of Cambodia.
About KS Groen
KS Green is part of KC Financial Group, a blockchain technology and platform company that connects essential financial networks and provides an ecosystem to create successful digital finance. The group provides blockchain technology and platforms so that all assets and ownership rights can be converted into digital tokens. Digital tokenization of assets offers new opportunities for asset value by allowing them to efficiently proof and trade assets.
KC Financial Group is a member of the W-Foundation, a non-profit organization founded in 2012, committed to leading and enabling broad public support for conservation, climate change mitigation and immediate relief for refugees affected by climate change and natural disasters. disasters. W-Foundation works with like-minded individuals, companies and organizations around the world to build and support a broad movement to make a difference to our shared future. W-Foundation is the official partner of the United Nations Framework Convention on Climate Change (“UNFCCC”). More information can be found at https://www.gcrfund.org/en/
About Green-X Corp
Green-X™ is a wholly owned subsidiary of Greenpro Capital Corp (NASDAQ:GRNQ) and operates one of the world’s leading Shariah-compliant ESG Digital Asset Exchange under license from Labuan Financial Services Authority (LFSA), Malaysia. The Green-X fair can be found at https://www.green-x.io/
About Greenpro Capital Corp
Greenpro Capital Corp. (NASDAQ:GRNQ), headquartered in Kuala Lumpur and a Nevada-based company, is a business incubator with strategic offices across Asia. With a diversified business portfolio spanning finance, technology, banking and Green-X for STOs, health and wellness, as well as 30 years of experience across industries, Greenpro has assisted and supported companies and high-net-worth individuals to capitalize their value on a global scale and securitize. This is done by offering cross-border business solutions, spin-offs on major stock exchanges and accounting outsourcing services to small and medium-sized businesses in Asia. The comprehensive range of cross-border business services includes, but is not limited to, trust and asset management, listing advisory services, transaction services, cross-border business solutions, document management services, accounting outsourcing services and tax advisory services. Greenpro also operates venture capital activities, including business development for start-ups and high-growth companies.
For more information about the company, please visit http://www.greenprocapital.com.
Forward-Looking Statements
This press release contains forward-looking statements, in particular with respect to, among other things, the Company’s business plans, statements regarding objectives, plans and projections relating to the Company’s financial position and business strategy. The words or expressions ‘plan’, ‘would be’, ‘will allow’, ‘intend’, ‘may result’, ‘are expected’, ‘will continue’, ‘anticipate’, ‘expect’, ‘estimate’ , “project,” “indicate,” “could,” “potential,” “should,” “believe,” “believe,” “consider” or similar expressions are intended to identify “forward-looking statements.” These forward-looking statements are 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 those sections. Actual results may differ materially from those projected in the forward-looking statements due to 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 canceled, and other factors that may affect our actual results, performance or achievements, or developments in our business operations can cause. our industry, to differ materially from any anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those anticipated include risks and uncertainties associated with fluctuations in local, regional and global economic conditions, the performance of management and our employees, our ability to obtain financing obtaining, competition, general economic conditions and other factors detailed in our periodic reports and in filings we make from time to time with the Securities and Exchange Commission. Statements made herein speak as of the date of this press release and should not be relied upon as of any subsequent date. The company specifically disclaims any obligation to update any forward-looking statements to reflect events, developments, unanticipated events or circumstances after this date. the date of such statement.
GRNQ has 7,575,813 issued and outstanding shares with a float of 4,089,641 shares
Gilbert Loke, CFO, director
Greenpro Capital Corp.
E-mail: [email protected]
Phone: +852-3111 7718
Contact Dennis Burns. Investor Relations.
Phone (567) 237-4132
[email protected]
Phone: +603-2201 3192
[email protected]
SOURCE: Greenpro Capital Corp.