Tag: Hatten

Hatten Land Forms Renewable Energy JV with Nestcon Berhad; Solar Panels at Melaka’s Largest Mall will provide Solar Power for Digital and Blockchain Activities

Hatten Land Limited announced today it will form a joint-venture company (“JVC”) with Bursa-listed Nestcon Berhad (“Nestcon”) to pursue renewable energy activities including installing over 6,000 solar panels on the roof of Melaka’s largest mall. SGX Catalist-listed Hatten Land (the “Company”, and together with its subsidiaries, the “Group”)’s wholly-owned subsidiary, Hatten Renewable Energy Sdn. Bhd. (“Hatten Renewable Energy”) has signed a joint-venture agreement (“JVA”) with Nestcon Sustainable Solutions Sdn. Bhd. (“NSS”), a wholly-owned subsidiary of Nestcon. The JVA follows the Group’s announcement in September 2021 that it had formed a strategic partnership with Nestcon for solar energy activities. The JVA ... Read more

Hatten Land Subsidiary HTPL Signs Definitive Agreement with Frontier to Operate at Least 1,000 Cryptocurrency Mining Rigs in Malaysia

SGX Catalist-listed Hatten Land Limited (“Hatten Land”; SGX: PH0) said today it has signed an agreement with Frontier Digital Asset Management Pte. Ltd. (“Frontier”) to share proceeds from jointly operating at least 1,000 cryptocurrency mining (cryptomining) rigs within the Hatten Group’s properties in Malaysia. Cryptomining rigs will be installed starting from Q42021 in phases under the binding strategic collaboration and management agreement between Hatten Land’s wholly-owned subsidiary Hatten Technology (S) Pte. Ltd. (“HTPL”) and Singapore-based Frontier, which currently operates over 700 cryptomining rigs in Singapore. Hatten Land recently announced that it would re-purpose its retail malls in Melaka for digital ... Read more

Hatten Land Enters into MOU with Singapore Myanmar Investco to Undertake ‘Green’ Crypto Mining Activities in Melaka

Hatten Land Limited (SGX:PH0) announced today a partnership to operate Hatten Land’s energy-efficient ‘green’ cryptocurrency mining in Melaka that will soon be enabled by solar panels installed on rooftops of retail malls it owns or manages, as it pivots towards an environmental-friendly digital economy. SGX-Catalist Hatten Land’s wholly-owned subsidiary, Hatten Technology (S) Pte. Ltd. (“Hatten Tech”) has signed a MOU with SGX Mainboard-listed Singapore Myanmar Investco Limited (“SMI”) to jointly explore business opportunities in cryptocurrency mining (“crypto mining”) activities. SMI recently partnered NASDAQ-listed The9 Limited (“The9”) to procure up to 4,000 sets of crypto mining rigs. Both parties will leverage ... Read more