{"id":20064,"date":"2022-01-20T09:05:00","date_gmt":"2022-01-20T09:05:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2022\/01\/20\/splendid-powerful-establishes-a-joint-venture-with-joyas-to-enter-into-the-fintech-and-nft-sector\/"},"modified":"2022-01-20T09:05:00","modified_gmt":"2022-01-20T09:05:00","slug":"splendid-powerful-establishes-a-joint-venture-with-joyas-to-enter-into-the-fintech-and-nft-sector","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2022\/01\/20\/splendid-powerful-establishes-a-joint-venture-with-joyas-to-enter-into-the-fintech-and-nft-sector\/","title":{"rendered":"Splendid Powerful Establishes A Joint Venture with Joyas to Enter into The Fintech and NFT Sector"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>HONG KONG SAR &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media<br \/>\nOutReach<\/a>\u00a0&#8211; 20 January 2022 &#8211;\u00a0<a href=\"http:\/\/www.silvermapholdings.com\/\" rel=\"sponsored\">Silver Map Holdings Corporation<br \/>\nLimited<\/a> ( &#8220;<b>Silver Map<\/b>&#8220;), the majority shareholder of Splendid<br \/>\nPowerful Limited (&#8220;<b>Splendid Powerful<\/b>&#8220;), announced that Splendid Powerful<br \/>\nentered into a joint cooperation agreement (the &#8220;<b>JC Agreement<\/b>&#8220;) with<br \/>\nAsiapac Growth Holdings Limited (&#8220;<b>Asiapac<\/b>&#8220;), a wholly-owned subsidiary<br \/>\nof Joyas International Holdings Limited&#8217;s (&#8220;<b>Joyas<\/b>&#8220;) which is currently<br \/>\nlisted on Catalist board of the Singapore Exchange Securities Trading Limited<br \/>\n(stock code: E9L). A new entity, namely Meta Technology International Limited<br \/>\n(&#8220;<b>Meta<\/b>&#8220;), will be incorporated in Hong Kong Special Administrative<br \/>\nRegion (&#8220;<b>HKSAR<\/b>&#8220;). Splendid Powerful will own 40% of the issued share<br \/>\ncapital of Meta while Asiapac will own 60%. <\/p>\n<p>\u00a0<\/p>\n<p>Meta<br \/>\nis principally engaged in the provision of financial technology solutions and<br \/>\nservices to clients including:<\/p>\n<p class=\"Default\">1.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nassisting clients to digitalize of their artworks<br \/>\nsuch as paintings, sculptures, photos and music\u00a0<span style=\"font-size: 1rem\">into<br \/>\nnon-fungible tokens (&#8220;NFTs&#8221;) using blockchain technology;<\/span><\/p>\n<p class=\"Default\">2.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\narranging and designing unique promotion campaigns<br \/>\nfor the NFTs;<\/p>\n<p class=\"Default\">3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nassisting clients to tokenize tangible and<br \/>\nintangible assets into security tokens and listing the<\/p>\n<p class=\"Default\">security<br \/>\ntokens on decentralized security token exchanges; and<\/p>\n<p class=\"Default\">4.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 assisting clients to<br \/>\ntrade their NFTs on the NFT marketplaces.<\/p>\n<p><b>Mr Alfonso Chu, Director of<br \/>\nSplendid Powerful <\/b>, said, &#8221; We are pleased to join together with<br \/>\nJoyas. Combining our leading-edge blockchain technology with their unparalleled<br \/>\nfinancing industry expertise, the collaboration can help clients better<br \/>\ndiversify their investment portfolios and meet the growing demand for fintech<br \/>\nservices. We look forward to expanding the relationship with Joyas and creating<br \/>\nthe potential for Meta to offer digital investment products.&#8221;<\/p>\n<p><b>\u00a0<\/b><\/p>\n<p><b>Mr Vincent Cheung, The Executive Director and<br \/>\nChief Executive Officer<\/b><b><br \/>\nof Joyas, <\/b>said,<br \/>\n&#8221; We are excited to partner with Splendid Powerful to form a joint venture. The<br \/>\njoint venture will not only enable Meta to pursue more growth opportunities in<br \/>\nthe Fintech and NFT areas, but will also provide us a competitive edge in<br \/>\nassisting our clients in joining a high-growth potential industry. This enables<br \/>\nus to achieve balanced development and qualitative prosperity, while providing<br \/>\nour shareholders with reasonable returns.&#8221;<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2022\/01\/20\/116798\/splendid-powerful-establishes-a-joint-venture-with-joyas-to-enter-into-the-fintech-and-nft-sector\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211;\u00a0Media OutReach\u00a0&#8211; 20 January 2022 &#8211;\u00a0Silver Map Holdings Corporation Limited ( &#8220;Silver Map&#8220;), the majority shareholder of Splendid Powerful Limited (&#8220;Splendid Powerful&#8220;), announced that Splendid Powerful entered into a joint cooperation agreement (the &#8220;JC Agreement&#8220;) with Asiapac Growth Holdings Limited (&#8220;Asiapac&#8220;), a wholly-owned subsidiary of Joyas International Holdings Limited&#8217;s (&#8220;Joyas&#8220;) which is &hellip;<\/p>\n","protected":false},"author":1,"featured_media":20065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20064"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=20064"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/20065"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=20064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=20064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=20064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}