SMI Vantage

Bitcoin rally breathes fresh hope for two SGX-listed companies that pivoted to crypto - THE EDGE SINGAPORE

Cryptocurrency

Bitcoin rally breathes fresh hope for two SGX-listed companies that pivoted to crypto

The recent Bitcoin rally brings renewed optimism for SMI Vantage and OIO Holdings.

Cryptocurrency

SMI Vantage places order for additional digital mining facility amid strong Bitcoin interest upsurge

This follows the installation of its first containerised digital mining facility in January.

Company in the news

SMI Vantage’s first containerised bitcoin mining facilities arrive at new location in East Malaysia

This follows an agreement it signed in December, which allows the company to start bitcoin mining in a new location in Sarawak.

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.
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