Business goals

SEATech Ventures Corp Achieved Business Goals in Validated Venture Capital Incubation Model

KUALA LUMPUR, MALAYSIA/ACCESSWIRE/September 2, 2022/SEATech Ventures Corp. (OTC PINK: SEAV) is proud to announce that shares of incubated AsiaFIN Holdings Corp have officially started trading on the US Capital Market under the symbol: OTC PINK:ASFH.

ASFH shares were first traded on 12e of August 2022 with an opening market price of $1.20, giving the company a market capitalization of approximately $88 million on the first day of trading. SEATech currently owns 10 million shares in AsiaFIN Holdings Corp.

https://www.bloomberg.com/press-releases/2022-08-12/asiafin-holdings-corp-asfh-commencement-of-trading-in-the-otc-market

CEO of SEATech Ventures Corp, Mr. Chin Chee Seong, said, “The successful listing of AsiaFIN will inspire other companies in our incubation portfolio and set an example for local and international companies that intend to embark on this public listing adventure. At this historic milestone, we are determined to incubate more Southeast Asian companies with great potential to become the next Unicorns.”

The other incubates that are currently part of SEATech’s portfolio, namely JOCOM Holdings Corp (an e-commerce data analytics software solution) and catTHIS Holdings Corp (a digital marketing platform) have also recently filed for S-1 registration and also aim to be publicly listed. . SEATech currently owns 8.5 million and 19 million shares in JOCOM and catTHIS respectively.

SEATech has also sponsored and launched 2 pitch programs this year, namely SEA Dragon 2022 and SEA Unicorn with the main objective of identifying the most promising start-ups and scale-ups in Southeast Asia with the potential to become the next unicorns. SEA Unicorn was successfully conducted in July 2022 while the final grand presentation of SEA Dragon will be held at the World Congress of Innovation and Technology (WCIT) 2022 between September 13e – 15e 2022 in Penang, Malaysia.

https://pikom.org.my/seadragon2022-top-20-finalists/

https://www.digitalnewsasia.com/digital-economy/top-tech-startup-applicants-pitch-wcit-2022

SEATech’s investment in these incubates further validates the viability of our business model which is specifically designed to grow and nurture tech unicorns in the Southeast Asian region during the post-pandemic era. This is a goal that we have been pursuing resolutely since the beginning, not only with the Southeast Asian start-up community, but with the Malaysian government which has committed to developing 5 unicorns by 2025. Our history and our pursuit are best summarized in our SEATech Ventures Company Video:

https://seatech-ventures.com/wp-content/uploads/SeaTech-Final-24-08-2022-2.mp4

Requests:

SEATech Ventures Corp.
CHIN Chee Seong, Chairman and CEO, Director
Dr SEAH Kok Wah, Chief Investment Officer, Director
E-mail: [email protected]

About SEATech Ventures Corp.

Based in Kuala Lumpur, Malaysia, SEATech Ventures Corp. (OTC PINK: SEAV) (a Nevada company) aspires to nurture and incubate growing emerging technology companies in Southeast Asia that aim to become the Asian unicorns of tomorrow. SEATech is an incubation and mentoring platform that brings together talents with technical, market development and financial expertise. We provide mentorship and advice on growth strategy through business combination and integration to enable companies to expand their business across Asia. We advise companies to monetise, capitalize and securitize their activities by offering financing strategies that include securitized equity crowdfunding, private placement and stock market listing. With extensive business and corporate experience, our key management team have tremendous business acumen and access to a network of managing partners across Asia who are committed to bringing deal flow to us. High quality. SEATech is well positioned to be recognized as an influential Asian venture capital firm in transforming, securing, capitalizing and internationalizing the next Asian tech unicorns. For more information about the company, visit https://www.seatech-ventures.com.

Forward-looking statement

This press release contains forward-looking statements that involve risks and uncertainties involving the use of words such as “anticipates”, “would”, “will”, “intends”, “could lead to”, “should “, “will continue”, “anticipates”, “expects”, “estimates”, “plans”, “indicates”, “could”, “potentially”, “should”, “believes”, “believes”, ” intends” or similar expressions are intended to identify “forward-looking statements”. Investors should be aware that all forward-looking statements contained in this press release are good faith estimates of management as of the date this press release is prepared based on current expectations that involve known and unknown risks. Our actual results could differ materially from those anticipated in these forward-looking statements for a number of reasons, as described on the company’s website.

THE SOURCE: SEATech Ventures Corp.