Greenpro Capital Corp. Successfully Acquires Stake in AI Forekast Limited, an Augmented Intelligence Provider

About this update from Greenpro Capital Corp.

KUALA LUMPUR, MY / ACCESS Newswire / April 6, 2026 / Greenpro Capital Corp. (NASDAQ:GRNQ) ("Greenpro" or the "Company") today announced the completion of a strategic share exchange with Forekast Limited ("Forekast"), an AI and augmented intelligence data analytics provider. The transaction meets NASDAQ listing rules.This acquisition supports Greenpro's strategy to expand its AI-enabled financial platforms and strengthen its position in digital finance. Forekast generates approximately $21 million in annual revenue with EBITDA of $1.6 million. As part of the transaction, Greenpro issued 8,500,000 restricted shares of common stock in exchange for an equity interest in Forekast.The transaction is expected to accelerate revenue growth and dramatically enhance shareholder value. The Company also reaffirmed that it does not intend to raise equity capital below $15 per share, consistent with prior guidance.Forekast develops augmented intelligence solutions that enhance customer experience, workforce optimization, and enterprise decision-making through advanced analytics and machine learning. Greenpro intends to integrate these capabilities across its advisory services, ESG initiatives, and digital platform infrastructure.Malaysia's evolving regulatory landscape, including recent updates to the Personal Data Protection Act, continues to support a strong environment for AI innovation and digital business growth.Management CommentaryLee Chong Kuang, Chief Executive Officer of Greenpro Capital Corp., stated:"This transaction marks a key milestone in integrating artificial intelligence into our financial services platform. Forekast's capabilities will support innovation across our ESG initiatives and next-generation financial solutions."Muzahid Shah, Group Chief Executive Officer of Forekast Limited, added:"Our partnership with Greenpro creates a powerful platform for growth. By combining our AI capabilities with Greenpro's global reach and capital markets expertise, we aim to drive expansion and long-term value for our stakeholders."The transaction was completed in compliance with applicable NASDAQ listing rules and approved by shareholders holding a majority of the Company's voting power.About GreenPro Capital CorpHeadquartered in Kuala Lumpur and a Nevada corporation, GreenPro Capital Corp. (NASDAQ:GRNQ), is a business incubator with strategic offices across Asia....

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