KUALA LUMPUR, MALAYSIA / ACCESSWIRE / May 17, 2024 / Greenpro Capital Corp. (NASDAQ:GRNQ) GreenX visited Cambodia to establish a course of action for Environmental, Social and Governance (“ESG”) and climate change related policies. The visit was at the invitation of His Excellency Preap Kor, Minister to the Prime Minister of Cambodia, and aims to discuss and establish specific areas such as Carbon Credit Alliance, Climate Action Alliance and Security Token Offering (“STO”) Alliance.
During the Global Climate Action Forum 2024 (“GCAF 2024”) in Phnom Penh, GreenX signed a Memorandum of Understanding (“MoU”) with KS Green, a member company of the W-Foundation, with the scope of cooperation focused on five key areas:
(a) |
We develop STO and RWA (“Real World Assets”) projects and achieve mutually beneficial cooperation towards common goals. |
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(B) |
Support for accessibility of project financing |
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(C) |
Educational programs, training, and research exchanges |
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(D) |
Technical and consultative resource sharing and capacity building |
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(E) |
Collaboration Technology Standards and Best Practices |
News coverage of the event can be found below: https://www.khmertimeskh.com/501489781/cambodia-highlights-climate-change-efforts-at-global-forum/
“We have identified a pilot location covering over 30,000 hectares of palm oil and rubber plantations as the starting point for our carbon credit tokenization project. We see the potential to further develop the area with sustainable features such as green ESG industrial parks, green ports 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 authorized by the Cambodian government to promote digitalization among youth. DUC has over 1,400 students studying programming, IT and digital studies curriculum, aiming to improve and enhance the knowledge and skill levels of Cambodian youth. GreenX hopes to explore strategic collaboration with DUC to develop talent in the fields of fintech and digitalization. For more information, please click here. https://www.facebook.com/DUCambodia
“Cambodia is one of the largest untapped markets in Southeast Asia with potential for economic growth and development. The country is blessed with a new government that is forward-thinking and receptive to digitalization and new energy, while at the same time focusing on developing the country in line with the goal of net-zero emissions by 2050. I am confident that the upcoming completion of the Funan Techo Canal and Techo International Airport will bring more opportunities for all industries,” said His Excellency Preap Kor, Minister attached to the Prime Minister of Cambodia.
About KS Green
KS Green is part of KC Financial Group, a blockchain technology and platform company that connects critical financial networks and provides an ecosystem for digital finance to thrive. The group provides blockchain technology and platforms that enable all assets and property rights to be digitally tokenized. Digital tokenization of assets creates new opportunities for asset value as they can be efficiently proven and traded.
KC Financial Group is a member company of the W-Foundation, a non-profit organization established in 2012. W-Foundation is committed to leading and enabling broad public support for nature conservation, climate change mitigation, and emergency assistance for refugees affected by climate change and natural disasters. W-Foundation partners with like-minded individuals, companies, and organizations around the world to build and sustain a broad movement that creates change for our shared future. W-Foundation is an official partner of the United Nations Framework Convention on Climate Change (UNFCCC). For more information, please click here. https://www.gcrfund.org/en/
About Green-X Corporation
Green-X™ is a wholly owned subsidiary of Greenpro Capital Corp (NASDAQ:GRNQ) and operates the world’s leading Shariah-compliant ESG digital asset exchange licensed by the Labuan Financial Services Authority (LFSA) in Malaysia. Green-X Exchange is https://www.green-x.io/
About Green Pro Capital Co., Ltd.
Greenpro Capital Corp. (NASDAQ:GRNQ), a Nevada corporation headquartered in Kuala Lumpur, is a business incubator with strategic offices across Asia. With a diverse portfolio of businesses including finance, technology, banking, Green-X for STO, and health and wellness, and 30 years of experience across various industries, Greenpro has been helping corporations and high net worth individuals capitalize and securitize their value on a global scale through providing cross-border business solutions to SMEs in Asia, spin-offs on major stock exchanges, and accounting outsourcing services. Comprehensive cross-border business services include, but are not limited to, trust and asset management, listing advisory services, transaction services, cross-border business solutions, record-keeping services, accounting outsourcing services, and tax advisory services. Greenpro also operates venture capital operations, including business development for start-ups and fast-growing companies.
For more information about the company, http://www.greenprocapital.com.
Forward-Looking Statements
This press release contains forward-looking statements, including, among other things, statements regarding our business plans, objectives, plans and expectations with respect to our financial condition and business strategy. Words and phrases such as “plans,” “will,” “can,” “will,” “may,” “is expected to,” “continue,” “anticipate,” “expect,” “estimate,” “project,” “indicate,” “may,” “potential,” “should,” “should,” “will … Actual results may differ materially from those projected in the forward-looking statements due to various risks and uncertainties. Such forward-looking statements are based on current expectations and involve known and unknown risks, reliance on third party information, transactions or orders that may be cancelled, and other factors that may cause the actual results, performance or achievements of the Company, or developments in the industry, to differ materially from the expected results, performance or achievements expressed or implied by such forward-looking statements. Factors that may cause actual results to differ materially from expected results include risks and uncertainties related to fluctuations in local, regional and global economic conditions, the performance of management and employees, ability to raise capital, competition, general economic conditions, and other factors detailed from time to time in the Company’s periodic reports and documents filed from time to time with the Securities and Exchange Commission. Statements made herein are made as of the date of this press release and should not be relied upon as of any subsequent date, and the Company expressly disclaims any obligation to update any forward-looking statements to reflect events, developments or unanticipated events or circumstances after the date of such statements.
GRNQ has 7,575,813 shares issued and outstanding, with 4,089,641 shares outstanding.
Gilbert Roark, CFO and Director
Green Pro Capital Co., Ltd.
Email: ir.hk@greenprocapital.com
Phone: +852-3111 7718
Please contact Dennis Burns, Investor Relations.
Phone: (567) 237-4132
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Phone: +603-2201 3192
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sauce: Green Pro Capital Co., Ltd.
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