$GRNQ HONG KONG, CHINA / ACCESSWIRE / June 8, 202
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Posted On: 06/10/2020 10:27:01 AM
$GRNQ HONG KONG, CHINA / ACCESSWIRE / June 8, 2020 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that it will distribute one million shares of common stock of its wholly-owned subsidiary, Millennium Fine Art, Inc. ("MFAI"
to GRNQ's shareholders of record on July 1, 2020.
The dividend will comprise approximately one (1) share of MFAI common stock for every 59 shares of GRNQ common stock issued and outstanding on the record date.
MFAI recently completed its acquisition of a 96% interest in the Millennium Sapphire for $96 million via the issuance of 19.2 million shares of MFAI common stock valued at $5 per share.
CEO CK Lee said, "We are very pleased to reward our loyal shareholders with this valuable dividend. We plan several more dividends this year of other businesses we are currently incubating."
to GRNQ's shareholders of record on July 1, 2020. The dividend will comprise approximately one (1) share of MFAI common stock for every 59 shares of GRNQ common stock issued and outstanding on the record date.
MFAI recently completed its acquisition of a 96% interest in the Millennium Sapphire for $96 million via the issuance of 19.2 million shares of MFAI common stock valued at $5 per share.
CEO CK Lee said, "We are very pleased to reward our loyal shareholders with this valuable dividend. We plan several more dividends this year of other businesses we are currently incubating."
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