Hatten Land Last:0.011 -

Recovery back on track

:)

piscesmonkey ( Date: 11-Apr-2024 09:14) Posted:

Wow this one recover back to 10cents ah?

$Hatten Land(PH0.SI)

As per press release, a massive 10 year agreement starting 4 May 2022.

" Strategic Collaboration Agreement with authority from Shanghai for the development and operation of a sports and digital advertising industrial park, which includes a 10-year exclusive right for Focus Media Sports to manage and operate a RMB 1.5 billion newly-constructed sports complex in Qingpu district of Shanghai, providing traditional and immersive intelligent sporting activities"

https://links.sgx.com/1.0.0/corporate-announcements/GDPXZGYCOT85MY9X/7f653d8dbb2f0cdde7dd254168f77b010b0f2939c12f02b052d5f4be12dab2cf

Hatten Land Q3 net loss widens to RM37.2 million

WED, MAY 12, 2021 - 10:52 PM

CATALIST-LISTED property developer Hatten Land' s net loss widened to RM37.2 million (S$12 million) for the three months to March 31, from RM32.3 million in the previous year.

Revenue rose to RM14.7 million from RM7.2 million in the same period last year due to higher sales for completed projects.

Loss per share was 2.40 sen for the quarter, compared with 2.30 sen before, while net asset value shrank to 7.33 sen, from 11.15 as at June 30, 2020.

For the nine months, the net loss was RM77.9 million, against RM29.5 million previously. Turnover was down by 80.1 per cent year on year to RM28.3 million.

Despite the vaccination programme and the implementation of the movement control order, the Malaysian economy and property market continue to be negatively impacted, said Hatten Land in its financial statement.

The group therefore expects its financial performance to " remain challenged and lacklustre" for 2021 amid weak consumer sentiments .

It will, however, focus on monetising its property inventories, cost containment measures and more stringent cashflow management to ensure its long-term sustainability against the challenging operating environment and for better operational efficiency, said the group.

Shares of Hatten Land was down 0.1 cent or 3.5 per cent to 2.8 cents.

https://www.businesstimes.com.sg/companies-markets/hatten-land-q3-net-loss-widens-to-rm372-million

Last week bought a bit over here.

3 months since the announcement of the Token Offerings tied up with UOB KH.
Hope we can see an update announcement soon.

Breaking : Ethereum price shatters $4,000 to another record all-time high

cryptocurrencies going up again........

every friday has 1 super performer..last week was raffles edn...

today who ah? hatten??

wake up.................

can go for spacs listing in usa liked grab...siah

wtf...exciting bo?

👍 ... Check back Anchor Resources too, going to be similiar and much more potential....Have both in hand... Waiting for the spark to resume again.... 😁

tankoksee ( Date: 22-Apr-2021 09:08) Posted:

looks exciting..

WBdisciple ( Date: 02-Feb-2021 13:45) Posted:

Hatten Land&rsquo s Fintech Associate, ECXX, and UOB Kay Hian Enters into Collaboration to Offer Securitised Token Offerings of Deep-Tech Start-ups

https://links.sgx.com/FileOpen/2021%2002%2001%20HLL%20press%20release.ashx?App=Announcement& FileID=646986

&bull Collaboration brings together ECXX&rsquo s fintech platform and UOB Kay Hian&rsquo s extensive network and customer base in Asia to serve the fast-growing digital asset space

&bull Opportunity for deep-tech start-ups to raise growth capital via Securitised Token Offerings (&ldquo STOs&rdquo )

&bull A robust and exciting pipeline of deep-tech start-ups has been identified to offer STOs that will be marketed to accredited investors in Asia

Some $52 billion of venture capital has been invested in South East Asia region in the last 10 years. In 2020, the total investment is likely to be $13 billion. Yet, Southeast Asia still has the lowest proportion of venture capital dollars invested per consumer compared with China and India. For every $100 invested per Southeast Asia consumer, India is seeing investment of approximately 1.7x and China almost 6x, suggesting that the region is still in the early stages of accelerating investment in technology.

More than 2,000 startups have been funded by venture capital in Southeast Asia in the last five years. During the first half of 2020, Southeast Asian tech startups attracted $5.5 billion, only 13% down on the first half of 2021 &ndash despite lockdowns due to the COVID-19 pandemic.

Under this collaboration, both ECXX and UOB Kay Hian will facilitate tokenisation projects of deep-tech start-ups and tap on UOB Kay Hian&rsquo s extensive network and customer base to market and distribute tokens to potential investors. Both companies will comply with regulations for token issuance and they will provide investor education and analysis on tokenisation and tokens investment.

The tokenisation of assets refers to the process of issuing a blockchain token (specifically, a security token) that digitally represents a share in the ownership of a start-up, in many ways similar to the traditional process of securitization.

These security tokens can then be traded on a blockchain based securities exchange platform developed by ECXX.

Backed by the UOB Group, UOB Kay Hian is one of Asia&rsquo s largest brokerage firms. Headquartered in Singapore, UOB Kay Hian are the largest domestic broker based on the number of registered trading representatives employed. UOB Kay Hian is supported by more than 80 branches worldwide including a growing network of offices across Southeast Asia, Greater China, the United Kingdom and North America.

Dato&rsquo Colin Tan, Executive Chairman and Managing Director of Hatten Land, said: &ldquo The COVID- 19 pandemic has accelerated the pace of digitalisation and digital assets such as STOs, which represent the future of the digital economy.

This collaboration between ECXX and UOB Kay Hian will provide a new platform for promising start-ups in this new digital era to have other means of access to new investors and to raise growth capital.

Southeast Asia has been a hotbed of innovation and technological development. With ECXX&rsquo s expertise in blockchain technology and UOB Kay Hian&rsquo s reputable track record in identifying promising companies, I&rsquo m confident that this collaboration will emerge as one of Asia&rsquo s up-and- coming capital market platforms, and possibly set a new standard for the regional markets.&rdquo