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GreenX to Launch Security Tokens Incubating ESG Sustainable Projects

Friday, 31 May 2024 09:45 AM

Greenpro Capital Corp.

KUALA LUMPUR, MALAYSIA / ACCESSWIRE / May 31, 2024 / Greenpro Capital Corp. (NASDAQ:GRNQ) Leading Shariah Compliant ESG Digital Asset Exchange GreenX plans to launch Green Token, a Security Token focused in nurturing and funding Green-Tech ESG companies in the coming months. This new development marks a significant step for GreenX to foster a vibrant green community.

During the recent Global Forum on Islamic Economics and Finance ("GFIEF") held on May 28 and 29, 2024, Chief Executive Officer of GreenPro Capital, Dr. CK Lee were among the panellists sharing on the topic of Unlocking the potential of Asset Tokenization in Islamic Finance. The discussion was in line with the GFIEF's theme of "Shaping a Resilient Global Islamic Economy Through Values-Based Reforms."

https://www.bernama.com/en/business/news.php?id=2302174

"The focus in developing Islamic finance is very much aligned to our Group's philosophy of social value economy. We will need to extend beyond traditional perspectives where technology and innovation should be the catalysts of growth. We see Green Token as an enabler to crystalize our vision of shared prosperity, which also include Carbon Credit Tokenization," said Dr. CK Lee.

About Green-X Corp

Green-X™ is a wholly-owned subsidiary of Greenpro Capital Corp (NASDAQ:GRNQ) and operate one of the world's leading Shariah-Compliant ESG Digital Asset Exchange licensed under Labuan Financial Services Authority (LFSA), Malaysia. The Green-X exchange can be found at https://www.green-x.io/.

About Greenpro Capital Corp

Headquartered in Kuala Lumpur and a Nevada corporation, Greenpro Capital Corp. (NASDAQ:GRNQ), is a business incubator with strategic offices across Asia. With a diversified business portfolio comprising of finance, technology, banking, and Green-X for STOs, health and wellness as well as 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale. This is done through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. Greenpro also operates venture capital businesses, including business development for start-ups and high growth companies.

For further information regarding the company, please visit http://www.greenprocapital.com.

Forward-Looking Statements

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "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." These forward-looking statements fall 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 these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of 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 cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

GRNQ has 7,575,813 shares issued and outstanding with a float of 4,089,641 shares

CONTACT:

Gilbert Loke, CFO, Director
Greenpro Capital Corp.
Email: [email protected]
Phone: +852-3111 7718

Contact Dennis Burns. Investor Relations.
Tel (567) 237-4132
[email protected]
Phone: +603-2201 3192
[email protected]

SOURCE: Greenpro Capital Corp.

Topic:
Product Announcements
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