AlenCiken

Greenpro to Spin off D'Swiss Shares and Sets Shareholder Record

NASDAQ:GRNQ   Greenpro Capital Corp
Greenpro to Spin off D'Swiss Shares and Sets Shareholder Record Date

it will distribute twelve million (12 million) shares of common stock of D'Swiss, Inc. ("DQWS") to GRNQ's shareholders of record on September 31, 2020.

DQWS shares are quoted on the OTC Pink sheets and DQWS plans to apply to up-list to a mainboard stock exchange in 2021. The recent closing price of DQWS was $8.50 which represents a dividend value of $102 million to GRNQ shareholders.

GRNQ owns a total of 27 million shares of DQWS. The dividend will comprise approximately one (1) share of DQWS common stock for approximately every 5 shares of GRNQ common stock issued and outstanding on the record date.

https://finance.yahoo.com/news/greenpro-...

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