Business
Greenpro's Incubatee Company, Celmonze Plans to Go Public to the U.S. Capital Market
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / November 3, 2022 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that its incubation company, Celmonze plans to
About this update from Greenpro Capital Corp.
[{"type":"text","content":"KUALA LUMPUR, MALAYSIA / ACCESSWIRE / November 3, 2022 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that its incubation company, Celmonze plans to go public to the U.S. Capital Market in year 2023.Celmonze focuses on skincare and beauty products businesses in Malaysia and Singapore since year 2000. Celmonze International Laboratories now comprises of five research labs located across Europe and North America, with its headquarters based in Paris, France. Celmonze now has more than 80 outlets to serve the market and will continuously growing to a targeted 200 outlets across the ASEAN region. (https://celmonze.com/)The ASEAN cosmeceuticals market is projected to grow from USD 5.70 billion in 2021 to USD 14.75 billion in 2028 at a CAGR of 14.5%.(https://www.fortunebusinessinsights.com/asean-cosmeceuticals-market-106253).Greenpro CEO, Dr. CK Lee said, \"We foresee a lot of potential start-up and scale-up companies in the Southeast Asia region. Through the SEA Unicorn 2022 Incubation Program, we have identified Celmonze as one of the top 10 finalists and its development direction that are aligned with the Environmental, Social and Governance (\"ESG\") trends.\"About Greenpro Capital Corp.Headquartered in Kuala Lumpur and a Nevada corporation, Greenpro Capital Corp. (NASDAQ: GRNQ), is a business incubator with strategic offices across Asia. With a diversified business portfolio comprising of finance, technology, banking, CryptoSX and Green-X for STOs, health, wellness and fine art as well as 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale. This is done through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. Greenpro also operates venture capital businesses, including business development for start-ups and high growth companies.For further information regarding the company, please...