Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 6 December 2023, 11:00 HKT/SGT
Share:
    

Source: SMI Vantage
SMI Vantage Signs Bitcoin Mining Lease Agreement
Further to the Offer to Rent agreement previously announced in Sept 2023, the Company has now moved forward and signed a Lease Agreement

SINGAPORE, Dec 6, 2023 - (ACN Newswire) - SMI Vantage Limited ("SMI" or the "Company"), a company listed on the mainboard of the SGX, is pleased to announce the signing of a Lease Agreement ("the Agreement") by its wholly-owned subsidiary SMI CS Pte Ltd. This is further to the previously announced Offer to Rent Agreement. The Agreement allows SMI Vantage to start Bitcoin-mining in a new location in East Malaysia in December 2023. SMI Vantage will be installing containerised mining facilities at the site and acquiring new Bitcoin-mining machines, which together will enhance the cost effectiveness of i's BTC mining operation. 

Reference:
https://links.sgx.com/FileOpen/SMI-Media%20Release_6%20Dec%202023.ashx?App=Announcement&FileID=780086

About SMI Vantage 

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including Food and Beverage related businesses, technology-based SaaS services and other high-tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances.

For media queries, please reach out to: 
Waterbrooks Consultants Pte Ltd
Wayne Koo - wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707 

Proud Investor Relations partner:
https://www.waterbrooks.com.sg/  and https://www.shareinvestorholdings.com/ 




Topic: Press release summary
Source: SMI Vantage

Sectors: Crypto, Exchange, Blockchain Technology
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



SMI Vantage
Aug 15, 2024 23:00 HKT/SGT
SMI Vantage Limited invests in the Whisky Cask Club
Aug 2, 2024 17:00 HKT/SGT
SMI Vantage and The9 Limited Sign Cooperation Agreement to Expand Digital Mining and AI Collaboration
July 3, 2023 08:00 HKT/SGT
SMI Vantage: Acqusition of 51% Stake in Provino Logistics to Complement and Expand Current Business Areas in F&B
Dec 27, 2022 18:45 HKT/SGT
SMI Vantage Appoints F&B Innovator Jocelyn Chng to the Advisory Board Committee
Dec 27, 2022 18:45 HKT/SGT
SMI Vantage Appoints Well-Known Business Personality: CSR, ESG and Organisational Development Expert Leong Lai Yee to the Board
Oct 31, 2022 09:00 HKT/SGT
SMI Vantage Introduces AI-inspired F&B concept - Robochef
July 20, 2022 22:00 HKT/SGT
SMI Vantage acquires new high hash rate cryptocurrency mining machines
More news >>
 News Alerts
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: