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Hatten Land confirms shipment of first crypto mining rigs; proceeds to contribute positively to group's FY2022 results

Felicia Tan
Felicia Tan • 2 min read
Hatten Land confirms shipment of first crypto mining rigs; proceeds to contribute positively to group's FY2022 results
Shares in Hatten Land closed 0.1 cent lower or 2.08% down at 4.7 cents on Jan 10.
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Hatten Land has confirmed the shipment of its first 80 crypto mining rigs to its crypto mining facilities in Melaka, Malaysia. Upon their delivery and installation, the rigs will start to mine bitcoins in January.

The group had previously entered into a partnership agreement with Frontier Digital Management to install and operate 1,000 crypto mining rigs within Hatten Land’s properties.

Frontier Digital has also been granted the license by Hatten Land to install, operate, manage and maintain crypto mining rigs at malls or locations owned or managed by the latter.

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