• About
  • Meet The Team
  • Privacy Policy
Friday, January 22, 2021

Stocks Telegraph
  • Login
  • Home
  • Featured
  • Investing
  • Morning News
  • Mid Day Movers
No Result
View All Result
Stocks Telegraph
No Result
View All Result

Greenpro Capital (NASDAQ: GRNQ) Decides To Incubate A Satellite Communication Venture

by Hasnain R
October 5, 2020
in Featured
Share on FacebookShare on Twitter

Greenpro Capital Corp. (NASDAQ: GRNQ) shares soared 71.56% after the company has announced that it is planning to incubate a Low Earth Orbit satellite communication venture based in Malaysia to cover the ASEAN region. The company aimed to provide internet connectivity to those areas where the proper internet connectivity hasn’t reached yet and areas and places where traditional internet connectivity is limited with no fiber or 5G available.

Greenpro has revealed that the new company will provide internet connectivity via satellite for the South East Asia region. The company has revealed that it is planning to work closely with SEATech Ventures Corp to work on this communication project. This project will help the Borneo and other remote islands to get the benefit of internet connectivity.

Greenpro Capital Corp. (NASDAQ: GRNQ) shares were trading up 71.56% at $1.87 at the time of writing on Monday. Greenpro Capital Corp. share price went from a low point around $0.21 to briefly over $3.12 in the past 52 weeks, though shares have since pulled back to $1.87. It has moved up 790.48% from its 52-weeks low and moved down -40.06% from its 52-weeks high. GRNQ market cap has remained high, hitting $72.20M at the time of writing.

Greenpro Capital Corp. intends to provide internet connectivity services to rural areas and provide the infrastructure to drive e-commerce transactions and development along with cloud-based data-centers for the local economies. The company is best known for materializing many projects of this kind earlier. GRNQ and the group of companies hold 40 million shares of SEATech Ventures Corp out of 92.5 million shares issued.

GRNQ has earlier recorded a dividend of 1 DQWS share for every 5 GRNQ shares for shareholders of record on September 30, 2020. The recent closing price of DQWS was $8.50 which constitutes a dividend value of $102 million to GRNQ shareholders. The company revealed that it is planning several other dividends of the other companies this year.

Get The Best Stocks To Trade Every Day!

Join now to get the Stockstelegraph.com pre-market morning brief 100% free

Tags: ASEAN RegionGreenpro Capital Corp.GRNQ StockInternet ConnectivityNASDAQ: GRNQSatellite Communication VentureSEATech Ventures Corp

Related Posts

Tesla Inc (NASDAQ:TSLA) Stock Is Soaring. Here’s Why.
Featured

Jaguar Health (JAGX) Closes its $6M Promissory Notes, What’s Next for JAGX Stock?

January 21, 2021
Top 3 Big Data Stocks for long-term Investment
Featured

Top 3 Big Data Stocks for long-term Investment

January 21, 2021
TG Therapeutics (NASDAQ: TGTX) Ublituximab Receives Fast Track Designation In US
Featured

Adamis Pharmaceuticals Corp (ADMP) shares slide 14% as traders take profits

January 21, 2021
Rekor Systems Inc [REKR] Is Just Getting Started on Gains
Featured

Gevo Stock in a dump mode following $350 million offerings, but buoyant in long-term

January 20, 2021
Tesla Inc. (NASDAQ: TSLA) Reportedly Discuss Nickel Supply Deal With Top Miner BHP
Featured

Alibaba (BABA) Stock comes to life after Jack Ma reappears; The potential prospect of BABA this year

January 20, 2021
Is Twilio (NYSE: TWLO) Stock A Buy?
Featured

All Hail Streaming King Netflix Inc. (NFLX)

January 20, 2021
Next Post
Top 15 Oil And Gas Stocks That Are Worth Buying

Top 15 Oil And Gas Stocks That Are Worth Buying

Early Morning Vibes: The 4 Best Stocks To Buy Now

Blonder Tongue Receives U.S. Patent Grant For DMM Series Of Products
by Shan Zee
January 14, 2021
0

American stock markets ended trading largely in the green zone on January 13. The S&P 500 index improved to 3810...

Read more

Early Morning Vibes: The 4 Best Stocks To Buy Now

9 Trending Stocks in Travel Services Industry That Can Be A Good Bets
by Shan Zee
January 20, 2021
0

On January 19, American stock indexes finished trading in the green zone. The S&P 500 Index rose 0.81% to 3799...

Read more

Early Morning Vibes: Top 4 Stocks To Watch Right Now

Why Tesla Inc (NASDAQ: TSLA) Stock Might Be A Great Pick?
by Shan Zee
January 19, 2021
0

For Martin Luther King Day, the U.S. treasuries were closed yesterday. In the meantime, on Wednesday, the Americans are waiting...

Read more

Early Morning Vibes: 4 Stocks We Like for Thursday

Energy Focus (NASDAQ: EFOI) Introduces Portfolio Of Germicidal UV-C Disinfection Products
by Hasnain R
January 21, 2021
0

On January 20, American stock markets closed at new all-time highs. The S&P 500 index rose 1.39% to 3852 points,...

Read more

Early Morning Vibes: 4 Stocks We Like for Friday

by Shan Zee
January 15, 2021
0

On January 14, the American stock indices closed in the red. The S&P 500 index dropped 0.38% to 3796 points,...

Read more
  • About
  • Meet The Team
  • Privacy Policy

© 2020 Stocks Telegraph - All Rights Reserved

No Result
View All Result
  • Home
  • Featured
  • Investing
  • Morning News
  • Mid Day Movers

© 2020 Stocks Telegraph - All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Get The Best Stocks To Trade Every Day!

Join now to get the Stockstelegraph.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.