$GRNQ May 22, 2020 / Greenpro Capital Corp. (GRNQ)
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Posted On: 05/27/2020 7:00:41 AM
$GRNQ May 22, 2020 / Greenpro Capital Corp. (GRNQ) "Greenpro", or the "Company"
, a multinational conglomerate with a portfolio of businesses, today announced that the Company has entered into a non-binding Letter of Intent with First Bullion Holdings Inc. (https://www.firstbullionholdings.com/index.html) and its subsidiaries ("First Bullion" and with the shareholder of First Bullion (the "Seller" to acquire an 18% equity interest of First Bullion. First Bullion is in the business of banking, payment gateway, credit cards, debit cards, money lending, crypto trading and securities token offering ("FB Services" and with corporate offices in the Philippines and Hong Kong. This potential acquisition will enhance and strengthen the business of Greenpro's services comprising company formation, trust and asset protection, family office, financial planning and management, fund management and asset management, which will complement those services offered by First Bullion. The partnership will complement the services of Greenpro and First Bullion where clients will be crossed referred to each other and to assist our mutual international clients from around the world more efficiently and effectively with a higher standard of quality services.
Greenpro expects to sign a binding definitive agreement with First Bullion on or before June 30, 2020, subject to completion of due diligence. "We are enthusiastic and excited about our partnership with Greenpro to continue accelerating the growth of First Bullion. We believe we can benefit from Greenpro's business insights, resources and network of clients to expand First Bullion's related banking and finance business not only in the Philippines, but also Hong Kong, Malaysia, Thailand, Singapore and China, where Greenpro already has existing operations." Mr. Tang, Chairman of First Bullion Group, commented.
, a multinational conglomerate with a portfolio of businesses, today announced that the Company has entered into a non-binding Letter of Intent with First Bullion Holdings Inc. (https://www.firstbullionholdings.com/index.html) and its subsidiaries ("First Bullion" and with the shareholder of First Bullion (the "Seller" to acquire an 18% equity interest of First Bullion. First Bullion is in the business of banking, payment gateway, credit cards, debit cards, money lending, crypto trading and securities token offering ("FB Services" and with corporate offices in the Philippines and Hong Kong. This potential acquisition will enhance and strengthen the business of Greenpro's services comprising company formation, trust and asset protection, family office, financial planning and management, fund management and asset management, which will complement those services offered by First Bullion. The partnership will complement the services of Greenpro and First Bullion where clients will be crossed referred to each other and to assist our mutual international clients from around the world more efficiently and effectively with a higher standard of quality services. Greenpro expects to sign a binding definitive agreement with First Bullion on or before June 30, 2020, subject to completion of due diligence. "We are enthusiastic and excited about our partnership with Greenpro to continue accelerating the growth of First Bullion. We believe we can benefit from Greenpro's business insights, resources and network of clients to expand First Bullion's related banking and finance business not only in the Philippines, but also Hong Kong, Malaysia, Thailand, Singapore and China, where Greenpro already has existing operations." Mr. Tang, Chairman of First Bullion Group, commented.
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