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Source: Media Outreach

HONG KONG SAR – Media OutReach – 20 January 2022 – Silver Map Holdings Corporation Limited ( “Silver Map”), the majority shareholder of Splendid Powerful Limited (“Splendid Powerful”), announced that Splendid Powerful entered into a joint cooperation agreement (the “JC Agreement”) with Asiapac Growth Holdings Limited (“Asiapac”), a wholly-owned subsidiary of Joyas International Holdings Limited’s (“Joyas”) which is currently listed on Catalist board of the Singapore Exchange Securities Trading Limited (stock code: E9L). A new entity, namely Meta Technology International Limited (“Meta”), will be incorporated in Hong Kong Special Administrative Region (“HKSAR”). Splendid Powerful will own 40% of the issued share capital of Meta while Asiapac will own 60%.

Meta is principally engaged in the provision of financial technology solutions and services to clients including:
1.       assisting clients to digitalize of their artworks such as paintings, sculptures, photos and music into non-fungible tokens (“NFTs”) using blockchain technology;
2.       arranging and designing unique promotion campaigns for the NFTs;
3.       assisting clients to tokenize tangible and intangible assets into security tokens and listing the
security tokens on decentralized security token exchanges; and
4.       assisting clients to trade their NFTs on the NFT marketplaces.

Mr Alfonso Chu, Director of Splendid Powerful , said, ” We are pleased to join together with Joyas. Combining our leading-edge blockchain technology with their unparalleled financing industry expertise, the collaboration can help clients better diversify their investment portfolios and meet the growing demand for fintech services. We look forward to expanding the relationship with Joyas and creating the potential for Meta to offer digital investment products.”
Mr Vincent Cheung, The Executive Director and Chief Executive Officer of Joyas, said, ” We are excited to partner with Splendid Powerful to form a joint venture. The joint venture will not only enable Meta to pursue more growth opportunities in the Fintech and NFT areas, but will also provide us a competitive edge in assisting our clients in joining a high-growth potential industry. This enables us to achieve balanced development and qualitative prosperity, while providing our shareholders with reasonable returns.”

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