SMI Vantage

Company in the news

SMI Vantage granted extension of time to meet SGX watch-list exit requirements

SMI Vantage now has till July 31, 2024 to comply with the rules to exit the SGX’s watch-list.

Company in the news

SMI Vantage to set up Bitcoin mining business in Sarawak

The new machines and lower cost of electricity enables SMI Vantage to mine Bitcoin more cost-effectively.
Tuan Sing in share buybacks; mining rig seller cuts stake in SMI Vantage - THE EDGE SINGAPORE

Insider moves

Tuan Sing in share buybacks; mining rig seller cuts stake in SMI Vantage

As at Dec 31, 2022, Tuan Sing’s net asset value was 100.4 cents per share.

New appointments

SMI Vantage makes new appointments to board and advisory board committee

The new appointments will be effective on Jan 1, 2023.

F&B sector

SMI Vantage enters into franchise agreement with Dutch Oriental Restaurant to open Robochef outlets in Singapore

As at 9.03am, shares in SMI Vantage are trading 0.3 cent higher or 10.35% up at 3.2 cents.

Equity raising

SMI Vantage to raise 100 million yen from existing shareholder for new investments

SMI Vantage had earlier this year tried to pivot from running duty-free retail shops in Myanmar to crypto mining

Cryptocurrency

SMI Vantage acquires new high hash rate cryptocurrency mining machines

The first batch of six machines will be delivered, installed and operational by the end of July.

Cryptocurrency

SMI Vantage begins crypto mining operations in Brunei

The company has signed leases with two locations. It is expected to sign two more leases in the near future.
SMI Vantage to complete installation of 3,100 cryptocurrency mining machines in Southeast Asia by end-May 2022 - THE EDGE SINGAPORE

Cryptocurrency

SMI Vantage to complete installation of 3,100 cryptocurrency mining machines in Southeast Asia by end-May 2022

Shares in SMI Vantage closed 0.2 cent lower or 3.33% down at 5.8 cents on March 30.
The great crypto pivot - THE EDGE SINGAPORE

Cryptocurrency

The great crypto pivot

With their existing businesses coming under strain, SGX-listed companies are pursuing opportunities in the digital assets space
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