Greenpro Capital Completes Strategic Share Exchange with AI Analytics Provider Forekast

Greenpro Capital Corp. (NASDAQ: GRNQ) announced the completion of a strategic share exchange with AI and augmented intelligence data analytics provider Forekast Limited, issuing 8.5 million restricted shares of common stock in exchange for an equity interest in Forekast. The transaction, which complies with NASDAQ listing rules, was approved by shareholders holding a majority of Greenpro’s voting power, according to a press release.

The acquisition is a key step in Greenpro’s strategy to expand AI-enabled financial platforms and digital finance offerings. Forekast contributes approximately $21 million in annual revenue and $1.6 million in EBITDA, providing a significant financial boost to Greenpro. The company plans to integrate Forekast’s analytics and machine learning capabilities across its advisory services, ESG initiatives, and digital platform infrastructure.

Greenpro Capital, headquartered in Kuala Lumpur and incorporated in Nevada, operates as a business incubator with strategic offices across Asia. Its diversified business portfolio encompasses finance, technology, banking, and Green-X for STOs, health and wellness, drawing on 30 years of experience in various industries. The company assists businesses and high-net-worth individuals in capitalizing and securitizing their value on a global scale through cross-border business solutions, spinoffs on major stock exchanges, and accounting outsourcing services for small and medium-sized enterprises in Asia.

The comprehensive range of cross-border business services includes trust and wealth management, listing advisory, transaction services, record management, accounting outsourcing, and tax advisory. Greenpro also operates venture capital businesses, focusing on business development for start-ups and high-growth companies. For more information, visit http://www.greenprocapital.com.

This strategic move positions Greenpro to leverage artificial intelligence in enhancing its service offerings, potentially improving efficiency and value for its clients. The integration of Forekast’s AI capabilities could lead to more sophisticated data-driven advisory services and stronger ESG reporting, areas of growing importance in the financial industry. The transaction also underscores the increasing convergence of traditional financial services with advanced analytics and machine learning technologies.

As Greenpro continues to expand its digital finance footprint, the acquisition of Forekast is expected to provide a competitive edge in the rapidly evolving fintech landscape. The company’s focus on AI-enabled platforms aligns with broader industry trends toward automation and data-centric decision-making, which are transforming how financial services are delivered globally.

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