2022-08-12 | NDAQ:GRNQ | Press release

KUALA LUMPUR, MALAYSIA / ACCESSWIRE / August 12, 2022 / Greenpro Capital Corp. (NASDAQ: GRNQ) today announced that its unicorn incubation program (SEA Unicorn 2022) has been successfully conducted in Malaysia.

The SEA Unicorn 2022 program ran from March to July 2022. A total of 124 emerging growth companies actively participated in the program. 10 companies were selected as finalists with IPO plans in the US capital market.

One of the top 10 finalists, AsiaFIN Holdings Corp., a Malaysian fintech company, started trading on the US OTC market on August 11, 2022. With a closing price of $1.20, the company reached a market capitalization of of approximately 88 million USD. .

Greenpro successfully moved from the OTCQB market to the NASDAQ market on June 13, 2018 and reached a market capitalization of approximately USD 1.26 billion at the close.

Greenpro is the main sponsor of another ongoing incubation program called SEA Dragon 2022 which focuses on emerging technology companies. The top 20 companies will be selected to pitch at the World Forum on Innovation and Technology 2022 (WCIT2022) Grand Finals to be held in Penang, Malaysia from September 13-15, 2022.


Greenpro CEO Dr. Lee said, “We are proud to have these Southeast Asian platforms to nurture and prepare local start-ups and scaling companies, and enable them to gain international exposure. As one of the judges on the panel, we will adopt environmental, social and governance (“ESG”) elements as our primary judging criteria.”

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 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.

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 3,668,992 shares

Gilbert Loke, Chief Financial Officer, Director

Greenpro Capital Corp.

Email: [email protected]

Phone: +852-3111 7718

Contact: Dennis Burns. Investor Relations.

Tel (567) 237-4132

[email protected]

THE SOURCE: Greenpro Capital Corp.

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