SMI VANTAGE
Associated tags: Motherboard, Software as a service, Singapore Exchange, SMI, SGX
SMI Vantage Signs Bitcoin Mining Lease Agreement
Further to the Offer to Rent agreement previously announced in Sept 2023, the Company has now moved forward and signed a Lease Agreement
- Further to the Offer to Rent agreement previously announced in Sept 2023, the Company has now moved forward and signed a Lease Agreement
SINGAPORE, Dec 6, 2023 - (ACN Newswire) - SMI Vantage Limited ("SMI" or the "Company"), a company listed on the mainboard of the SGX, is pleased to announce the signing of a Lease Agreement ("the Agreement") by its wholly-owned subsidiary SMI CS Pte Ltd. - This is further to the previously announced Offer to Rent Agreement.
- The Agreement allows SMI Vantage to start Bitcoin-mining in a new location in East Malaysia in December 2023.
- SMI Vantage will be installing containerised mining facilities at the site and acquiring new Bitcoin-mining machines, which together will enhance the cost effectiveness of i's BTC mining operation.
SMI Vantage: Acqusition of 51% Stake in Provino Logistics to Complement and Expand Current Business Areas in F&B
SMI Vantage: Acqusition of 51% Stake in Provino Logistics to Complement and Expand Current Business Areas in F&B
The Target's business activities are based in Singapore and is primarily in third party logistics specializing in inventory management services to the wine and spirits and other alcoholic beverages industry including export services ("Business").
- The Target's business activities are based in Singapore and is primarily in third party logistics specializing in inventory management services to the wine and spirits and other alcoholic beverages industry including export services ("Business").
- It uses a world class proprietary Warehouse Management System making the company a leader in the use of such technologies.
- "I am extremely pleased to be partnering with SMI Vantage and believe that their relevant expertise and deep experience in logistics and the F&B business will allow Provino to grow significantly going forward.
- I am excited to see the fruits of this partnership pan out in the future, as we look to grow this business together," Michael Hadley added.
SMI Vantage Appoints Well-Known Business Personality: CSR, ESG and Organisational Development Expert Leong Lai Yee to the Board
SMI Vantage Appoints F&B Innovator Jocelyn Chng to the Advisory Board Committee
SMI Vantage Appoints Well-Known Business Personality: CSR, ESG and Organisational Development Expert Leong Lai Yee to the Board
She replaces Wee Sung Leng who is stepping down having served over nine years on the SMI Board, as part of the Board renewal process.
- She replaces Wee Sung Leng who is stepping down having served over nine years on the SMI Board, as part of the Board renewal process.
- Ms Leong is currently the Deputy Director and Head, Communications, Partnerships & Fund Development of RSVP Singapore The Organisation of Senior Volunteers.
- Besides her proven entrepreneurial talent, she brings with her valuable and deep experience in the areas of corporate social responsibility, corporate governance and organisational development.
- The Company would also like to take this opportunity to thank Wee Sung Leng for his valuable contribution and advice to the Board during his extensive service with SMI.
SMI Vantage Appoints F&B Innovator Jocelyn Chng to the Advisory Board Committee
SINGAPORE, Dec 27, 2022 - (ACN Newswire) - SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has appointed Ms. Jocelyn Chng as a member of the Advisory Board Committee, effective 1 January 2023.
- SINGAPORE, Dec 27, 2022 - (ACN Newswire) - SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has appointed Ms. Jocelyn Chng as a member of the Advisory Board Committee, effective 1 January 2023.
- "I am delighted to welcome Jocelyn to our Advisory Board.
- In reply, Ms Chng said, "I am honoured to be appointed to the Advisory Board of SMI Vantage and am excited to learn more about SMI Vantage's exciting projects.
- SMI would also like to thank Kevin Shao for his valuable contributions and advice to the Company during his time with us at SMI.
SMI Vantage Introduces AI-inspired F&B concept - Robochef
SMI Vantage Introduces AI-inspired F&B concept - Robochef
The menu will be constantly refreshed, depending on the availability of fresh local ingredients, responding to the needs and requirement of local consumers.
- The menu will be constantly refreshed, depending on the availability of fresh local ingredients, responding to the needs and requirement of local consumers.
- "This will be a platform, building on the extensive F&B knowledge and experience within SMI Vantage, and will offer the opportunity for us to grow this business from our Singapore base.
- "We are honoured to be in partnership with SMI for our AI Robochef.
- SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including technology-based SaaS services and other high-tech platforms.