KUALA LUMPUR, Aug 8 (Bernama) -- Simex Group Inc has announced that Hong Kong-based mining company, Jade Resources Limited agreed to plan its next investment offering round, the Kazakhstan Jade Project: a new security token endeavour, utilising the SIMEX platform.
Simex Group Inc (formerly known as American Retail Group Inc) is the holding company of Simex Inc, the developer and owner of the multifunctional blockchain platform ‘SIMEX’, according to a statement.
Simex Group Inc expects that by utilising the SIMEX platform, it will open new horizons to issuers, investors and broker-dealers, and will make the process of investment easier for investors and issuers.
“Use of new technologies is very common in the mining industry. Technology provided by SIMEX makes it easier for investors to enter prospective high-yielding mining projects such as Kazakhstan Jade,” said Jade Resources Limited chief executive officer and president, Kevin Foo.
“We can offer potential investors the opportunity to assess our project and know that their investment is compliant with the pertinent security laws and secured by the blockchain encrypted technology of SIMEX.”
The Kazakhstan Jade Project is developed for Jade Resources Limited, a leader in the mining and production of jadeite and one of the major jade suppliers to China.
-- BERNAMA
No comments:
Post a Comment