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Hatten Land
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tankoksee
Supreme |
31-Mar-2022 11:25
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10 cts otot? | ||||
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muifan
Supreme |
31-Mar-2022 11:23
Yells: "Take the leap of faith dont regret 20 years later!" |
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Malaysia reopen.. Bitcoing 50k coming... Today announce good news.. All stars and element aligned for 10c.. |
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easywin
Supreme |
31-Mar-2022 11:22
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Here we going now
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piscesmonkey
Supreme |
31-Mar-2022 11:11
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Going above 50 today?
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easywin
Supreme |
31-Mar-2022 11:03
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After 46 than more to go , who ever sold below or shorted need to buy back at higher prices
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makdatok
Supreme |
31-Mar-2022 10:30
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Waiting for 69 | ||||
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piscesmonkey
Supreme |
31-Mar-2022 09:29
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This week see 50k
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muifan
Supreme |
31-Mar-2022 09:27
Yells: "Take the leap of faith dont regret 20 years later!" |
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cryptos from red red to green green .. a good day for hatten and smi .... |
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piscesmonkey
Supreme |
31-Mar-2022 09:21
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As such, the agreement is expected to contribute positively to its net assets and financial performance for the financial year ending June 30. In addition, the group expects to expand and scale up its crypto mining operations after commencing since January this year. | ||||
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MakeChanges
Elite |
31-Mar-2022 09:19
Yells: "No price is too low for a bear or too high for a bull" |
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too bad going in not to use the machines... but to pump petrol... eat...wash car... shoppping 
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muifan
Supreme |
31-Mar-2022 09:11
Yells: "Take the leap of faith dont regret 20 years later!" |
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border open and crytpo rally... this can be the new kingwan ... long to enjoy...
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piscesmonkey
Supreme |
31-Mar-2022 09:08
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So strong. Tmr border reopening. All rush in malaysia | ||||
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niteowl68
Elite |
31-Mar-2022 09:00
Yells: "God Bleess You" |
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https://www.businesstimes.com.sg/companies-markets/smi-vantage-to-install-3100-cryptocurrency-mining-machines-in-south-east-asia-by More News on progress of HL and SMI Vantage... well done SMIV and HL. HL is going to cheong! Huat Ah. Dyodd |
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muifan
Supreme |
31-Mar-2022 08:32
Yells: "Take the leap of faith dont regret 20 years later!" |
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positive news and tomorrow malaysia is opening....
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Joelton
Supreme |
31-Mar-2022 08:14
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Hatten Land Attracts New Partner for its Crypto Mining Activities With Additional 550 Crypto Mining Rigs can be Installed and Operated in 2022 Businesses under Hatten Land&rsquo s Property Portfolio To Accept Major Cryptocurrencies For Transactions and Payments
&bull BITMAIN&rsquo s S19J Pro crypto mining rig is considered to be one of the most productive mining rigs in the market
&bull Pilot phase of the first 50 sets of brand new S19J Pro crypto mining rig is targeted to commence operations by 30 April 2022 with an option to deliver additional 500 crypto mining rigs in 2022
&bull Targeting new opportunities to utilise top-end crypto mining rigs toexpand and scale up the Group&rsquo s crypto mining operations with the reopening of borders between Singapore and Malaysia
&bull Property sale, retail and hospitality business activities under Hatten Land&rsquo s property portfolio will be able to accept cryptocurrencies for transactions and payments
SINGAPORE, MELAKA, MALAYSIA, 31 March 2022 &ndash Hatten Land Limited (惠 胜 置 地 有 限 公 司 ) (&ldquo Hatten Land&rdquo , &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) is pleased to announce today that its wholly-owned subsidiary Hatten Edge Pte. Ltd. (&ldquo Hatten Edge&rdquo ) has entered into a Crypto Mining Facility and Support Services Agreement (&ldquo Agreement&rdquo ) with a new business partner (&ldquo Partner&rdquo ), where up to 550 crypto mining rigs can be added to the Group&rsquo s crypto mining activites and deployed across its crypto mining facilities in Melaka.
The Partner agrees to deliver 50 sets of S19J Pro as pilot batch machines by end of April 2022 for Crypto Mining operation to location(s) designated by Hatten Edge for the provision of Crypto Mining services.
Produced by BITMAIN, the world&rsquo s leading manufacturer of digital currency mining servers, S19J Pro is the top-of-the-line model and considered to be one of the most productive and energy-efficient mining rigs in the market. Under the Agreement, the pilot batch of rigs will be delivered and installed by 30 April 2022 with the option of delivering additional 500 in 2022.
Since its strategic pivot towards the digital economy in late 2021, the Group has gained strong momentum in partnering with established crypto mining operators, including the Partner, who are attracted by the Group&rsquo s large-scale, high-quality mining facilities and collaborative business model. In addition, as an SGX listed company, there are added assurances on Hatten Land&rsquo s compliance and professionalism.
The Partner and its owner have hundreds of crypto mining rigs operating within Southeast Asia currently, including Peninsular Malaysia, East Malaysia and Laos, and endeavours to expand its crypto mining operations with Hatten in Melaka.
Both companies will share the net proceeds of the cryptocurrencies that are mined after deductingthe related operational and management expenses. As such, the Agreement is expected to contribute positively to the net assets and financial performance of the Group for the financial year ending 30 June 2022, barring unforeseen circumstances.
The Group&rsquo s strategy is to leverage its existing physical assets to provide a secure and stable facility to host crypto mining activities without having to incur substantial capital expenditure or recurring cash outflow. Under this asset-light model, the Group will obtain a share of the net proceeds of digital assets being mined, with the crypto mining activities focused on Bitcoin (&ldquo BTC&rdquo ) at the initial phase.
Since January 2022, the Group&rsquo s mining operation is smooth and stable within its converted facilities (reference pictures can be found below within the press release), despite the tightened border controls between Singapore and Malaysia. With a total of three such agreements for crypto mining activities and the reopening of borders between Singapore and Malaysia from 1 April 2022, the Group aims to target new opportunities with new business partners to utilise top-end crypto mining rigs to expand and scale up its crypto mining operations.
Dato&rsquo Colin Tan, Executive Chairman and Managing Director of Hatten Land, said: &ldquo Since we started crypto mining operations in January 2022, we are now more well-equipped and better positioned than ever to expand our operations.
Large scale, high-quality, low-cost crypto mining facilities are highly sought-after in Malaysia. With our growing track record, we aim to build on this momentum to secure new partnerships and expand into one of the leading cypto currency mining service providers in Asia.&rdquo
Separately, in light of the full resumption of pre-covid land transportation and further easing of other modes of transportion between Singapore and Malaysia, from 1 April 2022, the Group will accept major cryptocurrencies, through a registered licensed partner, for property sale, retail and hospitality transactions under its property portfolio. With key properties primarily in Melaka, one of Asia&rsquo s iconic tourist destinations, Hatten Land&rsquo s current development portfolio comprises five integrated mixed-use development projects and retail malls that has a combined built-up area of 6 million square feet.
According to a report by World Economic Forum, the advent of cryptocurrencies has led to the creation and operation of new global, decentralized networks that have been used by over 100 million people across the world to transfer trillions of dollars of value.
Dato&rsquo Colin Tan added: &ldquo With the popularity of cryptocurrencies, there is a growing trend by consumers to use it as a payment method for a range of products and services, both online and offline.
Together with the rise of digital economy in Asia, there are strong incentives for us to integrate cryptocurrencies in our business activities to access new demographic groups and liquidity pools.&rdquo
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spursfan
Supreme |
31-Mar-2022 07:22
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Hatten Land Attracts New Partner for its Crypto Mining Activities With Additional 550 Crypto Mining Rigs can be Installed and Operated in 2022 Businesses under Hatten Land?s Property Portfolio To Accept Major Cryptocurrencies For Transactions and Payments ? BITMAIN?s S19J Pro crypto mining rig is considered to be one of the most productive mining rigs in the market ? Pilot phase of the first 50 sets of brand new S19J Pro crypto mining rig is targeted to commence operations by 30 April 2022 with an option to deliver additional 500 crypto mining rigs in 2022 ? Targeting new opportunities to utilise top-end crypto mining rigs to expand and scale up the Group?s crypto mining operations with the reopening of borders between Singapore and Malaysia ? Property sale, retail and hospitality business activities under Hatten Land?s property portfolio will be able to accept cryptocurrencies for transactions and payments https://links.sgx.com/1.0.0/corporate-announcements/JKAJDU9SXO9F1WI2/709103_Press%20Release%20on%20550%20Additional%20Crypto%20Mining%20Rigs.pdf |
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lp2000
Elite |
30-Mar-2022 17:31
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a slow day today at this counter...let' s see after Malaysia opens later this week hopefully more confidence is back. | ||||
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CheongArgh
Master |
29-Mar-2022 15:36
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Relax !!!!! Just profit taking.....
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watashievil
Master |
29-Mar-2022 15:27
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haha standard SGX stock cannot move liao stuck at road block. |
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muifan
Supreme |
29-Mar-2022 14:48
Yells: "Take the leap of faith dont regret 20 years later!" |
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Crypto still up strongly into euro session ... | ||||
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