RTTNews | Oct 25, 2021 11:06AM EDT

11:06 Monday, October 25, 2021 (RTTNews.com) - Shares of Greenpro Capital Corp. (GRNQ) are gaining over 140% on Monday morning after the company announced that its incubated company Angkasa-X files application to launch its Low Earth Orbit satellites.

Greenpro owns 28 million shares in Angkasa-X and is planning to list the company via an IPO on a U.S. exchange in the coming months. GRNQ is currently trading at $2.04, up $1.19 or 140.00%, on the Nasdaq.

By initiating the process to obtain low earth orbits to launch its LEO satellites in the coming months, Angkasa-X has executed a Financial Advisory Agreement with BOA Investment Services Limited, a wholly-owned subsidiary of Bank of Asia, to appoint BOA as the long term financial partner to raise fund for Angkasa-X to set up ASEANLINK LEO Satellite Constellations.

Read the original article on RTTNews ( https://www.rttnews.com/3235194/greenpro-capital-stock-surges-140-as-angkasa-x-files-application-to-launch-satellites.aspx)

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