Besides the custodian business, the company also plans to provide consultancy services with regards to fintech regulation, licencing, as well as the adoption of fintech strategies and technology.
SEE:Anchor Resources assigns concession rights at Bukit Machang Assets to Austral Mineral Berhad for purchase price of $3.3 mil
On its existing mining segment, the company says it is planning to commence the development of its granite business and will continue to source for joint ventures to operate its existing mines.
Clarence Chong, CEO of the company, says “While we try to revitalise our legacy mining business in a challenging environment, we today have the opportunity to enter the fast-growing fintech industry to improve our financial position and unlock shareholder value. We aspire to be one of the leading companies in the financial technology and blockchain technology sector.”
Shares in Anchor Resources closed down 0.1 cents or 3.33% lower at 2.9 cents.
