Further to the announcement dated 17 November 2022, MUIB wishes to inform that a joint venture company under the name of M Kingdom Holdings Pte Ltd ("M Kingdom Holdings") has been incorporated on 30 November 2022.
The principal activity of M Kingdom Holdings is to act as an investment holding company in special purpose vehicles to be set up to carry out various projects relating to Web 3.0 venture businesses including, but not limited to digital ventures, assets and marketplace platforms in the Southeast Asia region.
The current issued share capital of M Kingdom Holdings is USD 2 comprising of 2 ordinary shares.
This announcement is dated 30 November 2022.