KUALA LUMPUR, Sept 25 (Bernama) -- Abu Dhabi Dubai STOB Series 22 Investment Limited Partnership (AbuDhabi22) and MINDOL Holdings Limited (MINDOL) have agreed for the former to get 33 per cent of cryptocurrency MINDOL (MIN) which MINDOL issued by Tender Offer (TOB).
Both companies chose TOB as strategic approach to make a purchase at a stable price as the acquisition price planned by AbuDhabi22 would be expected to significantly exceed with purchases via regular exchanges.
A statement said that currently, the TOB Stage 1 has finished, while TOB is being implemented at the purchase price of TOB Stage 2.
The statement added that as a management vision of 2019, MINDOL has targeted a market capitalisation of within 20th place while cryptocurrencies of more than 2000 stocks are listed.
The company also set ‘Fusion of subculture and block chain’ as main business, and to develop an online game with a development budget of US$150 million (US$1=RM4.14).
Strong battles are expected to occur, as there is an opportunity for the winner to get MIN from the loser. In addition, the company is also planning to develop MINDOL exclusive wallet that can be used on smart phones, and use it for existing projects such as influencer vote and online game to be developed in the future.
Strong battles are expected to occur, as there is an opportunity for the winner to get MIN from the loser. In addition, the company is also planning to develop MINDOL exclusive wallet that can be used on smart phones, and use it for existing projects such as influencer vote and online game to be developed in the future.
There is also participation in movies, including Japanese anime, as a new media strategy. It plans to sponsor a Hollywood movie ‘TO DO & DIE’, scheduled to be cranked in 2019 and released worldwide in 2020.
A ‘MINDOL × TO DO & DIE World Audition 2019’ will be carried out from 2019, and selected performers from the audition are planning to shoot in Japan. More details on http://mindol.net.
-- BERNAMA
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