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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Blockchain Group Co Ltd    0364   KYG7114W1006

BLOCKCHAIN GROUP CO LTD

(0364)
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Blockchain : decides no operations in Belarus

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04/23/2018 | 03:45pm EDT

[ET Net News Agency, 23 April 2018] Blockchain Group Company (00364) said it has decided not to have any operation in Belarus after careful consideration.

Blockchain Group said earlier it entered into a non-legally binding memorandum of understanding with Edra Korea (EDRA). The parties intend to establish a joint venture in Korea for the purposes of operating cryptocurrency calculation data centers globally and operating other blockchain related projects. EDRA shall be responsible for the operations of the JV and shall support the JV with its technical team and procure the enjoyment by the JV of EDRA's rights under the low electricity cost cooperation agreements in Kazakhstan and Belarus. (HL)

(c) 2018 ET Net Limited. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Managers
NameTitle
Yang Bo Cai Managing Director & Executive Director
Zhen Rong Cai Joint Chairman
Yong Liu Joint Chairman
Zhen Yao Cai Director-Finance & Executive Director
Zhen Ying Cai Executive Director & Director-Marketing
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