HomeFinancial MarketsGreenpro Capital Inc. (GRNQ) stock plunge during pre-market trading. Here’s the update

Greenpro Capital Inc. (GRNQ) stock plunge during pre-market trading. Here’s the update

Greenpro Capital Inc. (NASDAQ: GRNQ) stock gained by 0.97% at the last close whereas the GRNQ stock price declines by 2.25% in the pre-market trading session. Greenpro Capital, a Nevada corporation with strategic offices throughout Asia, is a business incubator with a diverse range of companies in finance, tech, banking, CryptoSx for STOs, health, and wellness, and fine art.

GRNQ stock’ Significant Development

Greenpro Capital Corp. stated that it will invest in two STO projects on the CryptoSX platform that have been approved by CEZA (Cagayan Economic Zone Authority in the Philippines), as part of its Pre-STO Investment Program started in July. It’s designed to help transformative enterprises create world-class blockchain-enabled businesses. Greenpro’s multi-disciplinary staff will assist both organisations, since it has vast experience in investment, portfolio management, capital markets, and operations, as well as blockchain.

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Link Cap International Limited (Link Capital) and Samothrace International Limited are the two companies (ATM Online).

Insight of companies,

  • Denny Chong, a former investment banker and successful entrepreneur from Singapore, leads Link Capital Group. The Singapore government, the Ministry of Agriculture and Forestry in Lao PDR, and Temasek Polytechnic have all expressed strong support for Link Capital’s plans to establish a Center of Excellence in Singapore for the study, development, processing, and distribution of Agarwood products for the global market. Agarwood is a fragrant black resinous wood used widely in incense, perfume, medicine, and distilled into oud oil, among other things. The global market for agarwood is estimated to be worth USD15 billion, with only 30% of this demand being supplied by present supply.
  • ATM online is a consumer credit platform founded in Vietnam that is rapidly spreading into the Philippines, Sri Lanka, and other ASEAN countries. ATM online, a pioneer in digital banking, developed its own database design and scoring based on AI algorithms to estimate clients’ payback behaviour in order to improve risk mitigation and digital marketing. The company is poised for considerable regional expansion, with over 500,000 registered customers and 85,000 successful loan grants since 2017.

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