Greenpro Capital Corp. Explores ESG and Climate Initiatives in Cambodia with Government and Industry Partners
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / May 17, 2024 / Greenpro Capital Corp. (NASDAQ:GRNQ), through its GreenX division, recently conducted a strategic visit to Cambodia to discuss and set up initiatives related to Environmental, Social, and Governance (ESG) and Climate Change. This visit came at the invitation of His Excellency Preap Kol, a Minister in the Cambodian Prime Minister’s office, with the aim to explore collaborations in areas such as Carbon Credit Alliance, Climate Action Alliance, and Security Token Offering (STO) Alliance.
At the Global Climate Action Forum 2024 (GCAF 2024) in Phnom Penh, GreenX entered into Memorandum of Understandings (MoU) with KS Green, a member company of the W-Foundation. These MoUs cover five main areas of cooperation, including the development of STO & Real World Assets (RWA) Projects, project financing, educational programs, resource sharing, and setting industry standards for technology.
The event highlighted a pilot project covering over 30,000 hectares of palm oil and rubber estates for carbon credit tokenization. Dr. CK Lee, CEO of GreenPro Capital, expressed optimism about developing the area into a sustainable hub featuring a Green ESG Industrial Park, Green Port, and Green Smart Cities.
Additionally, GreenX visited the Digital University of Cambodia (DUC), recognized by the Cambodian government for promoting digital skills among the youth. With over 1,400 students enrolled in digital-related courses, GreenX is exploring partnerships to foster fintech and digitalization skills.
H.E Preap Kol emphasized Cambodia’s potential for economic growth and development, highlighting the government’s vision for digitalization and new energy initiatives aligned with the 2050 net zero emission goal. He also mentioned the upcoming Funan Techo Canal and Techo International Airport as catalysts for industry-wide opportunities.
About KS Green:
KS Green is affiliated with KC Financial Group, a blockchain technology firm that facilitates the digital tokenization of assets, enhancing their value and tradeability. KC Financial Group is part of the W-Foundation, a non-profit organization dedicated to conservation, climate change mitigation, and supporting climate change and natural disaster refugees. The W-Foundation is an official partner of the United Nations Framework Convention on Climate Change (UNFCCC).
About Green-X Corp:
Green-X, a subsidiary of Greenpro Capital Corp (NASDAQ:GRNQ), operates a leading Shariah-Compliant ESG Digital Asset Exchange licensed by the Labuan Financial Services Authority (LFSA), Malaysia.
About Greenpro Capital Corp:
Based in Kuala Lumpur and incorporated in Nevada, Greenpro Capital Corp. (NASDAQ:GRNQ) is a business incubator offering a wide range of services across Asia. With 30 years of industry experience, Greenpro supports businesses and High-Net-Worth-Individuals in capitalizing and securitizing their value on a global scale through various services including trust and wealth management, listing advisory, and venture capital for startups and high growth companies.
For more information, please visit [Greenpro Capital Corp’s website].
This press release contains forward-looking statements regarding the company’s business plans and strategies, which are subject to risks and uncertainties. These statements are based on current expectations and involve risks that may cause actual results to differ. Greenpro Capital Corp. disclaims any obligation to update these forward-looking statements.
For further details, contact:
Gilbert Loke, CFO, Director, Greenpro Capital Corp.
Email: [email protected]
Phone: +852-3111 7718
Investor Relations:
Dennis Burns
Tel: (567) 237-4132
[email protected]
SOURCE: Greenpro Capital Corp.