GreenPro Capital Village Sdn. Bhd. (Greenpro A.I.), a cloud-based A.I. accounting solutions provider has closed its highly successful Equity Crowdfunding (ECF) campaign. The campaign was facilitated by Ata Plus, an ECF platform registered with Securities Commission Malaysia, where GreenPro A.I. has raised RM504,750 – 168% above their target, from a total of 33 investments.
At the launch of their campaign, GreenPro A.I. offered the general public a compelling investment opportunity by offering their investors an early exit through their upcoming acquisition by GreenPro Capital Corp., a NASDAQ-listed multinational conglomerate with a portfolio of businesses in finance and technology. Delivering upon their promise, GreenPro A.I. is currently preparing the necessary documentation for the acquisition. The ECF Investors have an opportunity to realise the value of their investment through a redemption of their shares in the form of NASDAQ-listed stock issued by GreenPro Capital Corp at a value of 120% of their initial investment, which is anticipated to occur within the next 12 months.
The acquisition of GreenPro A.I. comes as no surprise considering the qualifications and stellar track record of its Co-Founders, CK Lee and Samson Chow. Cognisant of the financial constraints faced by Small and Medium Enterprises (SMEs) which hamper their ability to hire proper accounting staff, the co-founders have combined their 30 years of experience in the financial and accounting sector to develop their unique cloud-based A.I. accounting solution which would enable cost savings of up to 90% for SMEs.
“We launched our campaign in the true spirit of Equity Crowdfunding – to give the average person the chance to become an investor in young upcoming startups with endless market potential, an opportunity usually reserved for the likes of venture capitalists and angel investors,” said CK Lee, Founder and CEO of GreenPro Capital Village. “Additionally, owing to the nature of stock markets, our ECF investors have the opportunity to further increase their returns from their investments,” CK added.
“It’s heartening to see the hard work put in by GreenPro A.I. come to fruition especially in very challenging circumstances caused by the pandemic” said Kyri Andreou, Co-Founder and Director of Ata Plus. “GreenPro A.I. met their crowdfunding target in just under 4 weeks, with 96% of the funds raised coming from the Malaysian public. Through their campaign, they have proved that there is a growing appetite for Equity Crowdfunding in Malaysia, especially for companies presenting novel solutions in a rapidly changing business environment,” Kyri added.
GreenPro A.I.’s ECF Campaign has enabled the team to shift its operations to Malaysia; with 70 percent of the funds raised being channeled towards marketing and commercialisation and the remaining 30 percent being reserved for human resource development and the establishment of a business Process Outsourcing Centre.
About Ata Plus Sdn Bhd
Ata Plus Sdn Bhd is an Equity Crowdfunding (ECF) online platform, matching businesses seeking growth and funding with investors interested in building sustainable world-class companies. As a Registered Recognised Market Operator with the Securities Commission Malaysia (SC) since June 2015, Ata Plus actively seeks to leverage on technology tools to facilitate and promote transparency and good governance in investing and fundraising. The platform delivers extensive services from qualifying companies to list and marketing their ECF Campaigns; to educating investors on ways to evaluate their investment opportunities. Ata Plus aims to:
- Provide an efficient and innovative channel of fundraising to SMEs and start-up businesses
- Offer a pool of quality, high potential and legitimate deal flow to the investor community ? Operate a transparent and professional ECF platform that balances risk management and compliance through swift processes
Website: www.ata-plus.com
About GreenPro Capital Village Sdn Bhd
GreenPro A.I. Accounting is providing a Revolutionary Accounting Solution to SME, leveraging on A.I. Technology and IBM Cloud to provide a one-stop accounting service that is simple, quick, and cost saving. Since its 2013 launch in Hong Kong, the company serves over 500 clients and has expanded its operations to Malaysia in 2020.
Website: https://GreenProaccounting.com
For media inquiries, please contact:
Elain Lockman
Ata Plus Sdn Bhd
Email : elain@ata-plus.com
HP : +6012-209 5378
Stewart Loh
GreenPro Capital Village Sdn Bhd
Email : stewart.loh@greenprocapital.com
HP : +6018-220 1057