KUALA LUMPUR, MALAYSIA / ACCESSWIRE / October 17, 2022 / Greenpro Capital Corp. (NASDAQ: GRNQ) today reiterates its Social Value Business strategy which aligns with the Value-Based Intermediation (“VBI”) principle first launched by the Central Bank of Malaysia in 2017. In collaboration with Labuan IBFC , the establishment of the Islamic Digital Assets Center (IDAC), Greenpro Capital will spearhead the economy of development deals and technology solutions for a comprehensive digital ecosystem within Islamic finance.
VBI aims to deliver Shariah outcomes through practices, conduct and offerings that generate positive and lasting impact on the economy, community and environment, consistent with sustainable returns and the long-term interests of shareholders. . During 2020-2021, total VBI-related funding in Malaysia reached US$17.5 billion, which served over 375,000 accounts (2017-2020: US$20 billion and 235,000 accounts ).
During the Labuan IBFC session on Unveiling Labuan as an Asian IDAC – Pioneering a New Asset Class, the panel discusses topics such as
- Shariah and ESG compliant emissions/investments through asset tokenization;
- What opportunities are available for sharia assets and sustainable investing in the digital sphere?
- Opportunities for SMEs and enterprises to raise funds on a blockchain platform
- The experience of an entrepreneur in the tokenization of assets/projects
From left to right: Greg Miller, Executive Director of Aspac Capital; Aqim Marzuki, CEO of Cattle Queen Ranch; Nik Mohamed Din Nik Musa, Managing Director of Labuan FSA; Dr. (hc) CKLee, CEO of Greenpro Capital Corp; Datuk Prof. Dr. Mohamad Akram Laldin, Executive Director of ISRA; Ja’afar Rihan, Head of Islamic Finance at Labuan FSA.
CEO of Greenpro, Dr. CK Lee said at the forum: “Along with the rapid growth of digital asset and tokenization is the rapid growth of digital asset regulation, STO is considered a very effective method of alternative financing. of the global trend towards ESG and decarbonization, and the success of our CryptoSX digital exchange, we expect a large number of international issuers to sign up on our Shariah-compliant ESG digital asset exchange , Green-X.”
About Greenpro Capital Corp.
Kuala Lumpur-based and Nevada-based Greenpro Capital Corp. (NASDAQ: GRNQ), is a business incubator with strategic offices across Asia. With a diverse business portfolio including finance, technology, banking, CryptoSX and Green-X for STOs, health, wellness and fine arts as well as 30 years of experience in various industries, Greenpro has helped and supported businesses and High-Net-Worth-Individuals to capitalize and secure their value globally. This includes providing cross-border trading solutions, spillovers to major stock exchanges, and accounting outsourcing services to small and medium-sized businesses located in Asia. The full range of cross-border trade services includes, but is not limited to, trust and wealth management, listing advisory services, transaction services, cross-border trade solutions, records management services, accounting outsourcing and tax advisory services. Greenpro also operates venture capital businesses, including business development for start-ups and high-growth companies.
For more information about the company, please visit http://www.greenprocapital.com.
The Green-X exchange can be found at https://www.green-x.io/
Forward-looking statements
This press release contains forward-looking statements, including with respect to, among other things, the business plans of the Company, statements relating to objectives, plans and projections regarding the financial condition and business strategy of the Company. The words or expressions “plans”, “would”, “will”, “intends”, “may lead to”, “should”, “will continue”, “plans”, “expects”, “estimates , “”project”, “indicate”, “could”, “potentially”, “should”, “believe”, “think”, “consider” or similar expressions are intended to identify “forward-looking statements”. fall under 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 could differ materially from those projected in the forward-looking statements due to a number of risks and uncertainties.These forward-looking statements are based on current expectations, involve known and unknown risks, reliance on third parties for information, transactions or orders that may be reversed, and other factors that may may cause our actual results, performance or achievements, or developments in 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 expected results include risks and uncertainties relating to fluctuating local, regional and global economic conditions, the performance of management and our employees, our ability to obtain funding, competition, general economic conditions and other factors detailed in our periodic reports and in our filings from time to time with the Securities and Exchange Commission. The statements made herein are as of the date of this press release and should not be relied on as of any subsequent date, and the Company specifically disclaims any obligation to update any forward-looking statements to reflect unforeseen events, developments, events or circumstances after the date of this declaration.
The GRNQ has 7,867,188 million shares issued and outstanding with a float of 3,831,677 shares.
CONTACT:
Gilbert Loke, Chief Financial Officer, Director
Greenpro Capital Corp.
E-mail: [email protected]
Phone: +852-3111 7718
Dennis Burns. Investor Relations.
Tel (567) 237-4132
[email protected]
Phone: +603-2201 3192
[email protected]
THE SOURCE: Greenpro Capital Corp.
