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Greenpro Capital Corp.

CIK: 15978462 Annual ReportsLatest: 2025-04-09

10-K / April 9, 2025

Revenue:$3,496,000
Income:-$715,284

10-K / March 28, 2024

Revenue:$3,477,664
Income:$1,049,699

10-K / April 9, 2025

Company Summary - Greenpro Capital Corp.

Overview

Greenpro Capital Corp. is a Nevada-incorporated holding company that provides a broad range of business solution services across Southeast Asia and East Asia, with a focus on Hong Kong, China, Malaysia, Thailand, and Taiwan. The company’s services are aimed at small and medium-sized enterprises (SMEs), startups, and high-growth companies seeking cross-border business expansion, corporate restructuring, and financial advisory.

Core Business Activities

  • Cross-Border Business Solutions:

    • Company formation in Hong Kong, US, British Virgin Islands, and other jurisdictions
    • Bank account setup and bank loan referral services
    • Company secretarial and business registration services
    • Corporate finance consulting, due diligence, valuation, restructuring
    • International tax planning and trust/wealth management
    • Cross-border listing advisory services (US, Hong Kong, Australia)
    • Digital and online equity crowdfunding platform development
    • Cryptocurrency trading and digital asset exchange (e.g., security tokens)
    • Tokenization of assets via blockchain (e.g., security tokens, crypto tokens like DiGau)
    • Platform operated through Green-X digital asset exchange (license under LFSSA)
    • Blockchain initiatives including training and strategic agreements in Indonesia and BIMP-EAGA
  • Accounting and Outsourcing Services:

    • Cloud accounting systems and virtual CFO services
    • Company secretarial, payroll, tax compliance, and advisory services
    • Professional network collaborations across Hong Kong, Malaysia, China, and Thailand for local and international services
  • Venture Capital and Incubation:

    • Investment in startups and high-growth companies, primarily in Southeast Asia
    • Company incubator providing office space, mentorship, strategic support
    • Focus on early-stage (seed, start-up, expansion) companies
    • Educational seminars like CBOSS for business owners
    • Investments and holdings in various companies in sectors like real estate, technology, finance, and art
  • Other Investments:

    • Equity interests in multiple companies including trust companies, art firms, data platforms, and tech firms
    • Property investments including commercial real estate in Malaysia and Hong Kong

Recent Developments and Operations

  • 2024 Financials:
    • Revenue: approximately $3.496 million (2024), comparable to $3.478 million (2023)
    • Net Loss: $725,827 in 2024
    • Negative cash flow from operating activities: $1.36 million in 2024
    • Employees: 48 (as of April 9, 2025)
  • Customer Base:
    • Clients globally, including Hong Kong, China, Malaysia, Singapore, Indonesia, Thailand, Japan, Taiwan, UK, and US
  • Headquarters:
    • Kuala Lumpur, Malaysia (No. B-23A-02, Pavilion Embassy, Jalan Ampang)
  • Market Capitalization (as of June 28, 2024):
    • Estimated market value held by non-affiliates: $4,370,143 (based on last sale price of $1.06/share for approximately 7.58 million shares)

Business Focus

  • Providing integrated business and financial advisory services
  • Supporting companies’ cross-border expansion, IPO preparations, and corporate restructuring
  • Engaging in venture capital and incubator programs to support startups
  • Operating a licensed digital asset exchange and blockchain platform emphasizing Shariah-compliance
  • Developing and expanding services in wealth management, fund management, and digital assets

Summary

Greenpro Capital Corp. functions as a comprehensive provider of cross-border corporate services, investment, and financial solutions, with significant activities in blockchain tokenization, venture capital, due diligence, corporate restructuring, and international advisory. The company has a diversified portfolio of investments, subsidiaries, and partnership operations across multiple Asian countries and the US, with a focus on supporting SMEs and high-growth startups in the region.