Country Heights to hold EGM on ICO proposal

Its job scope for the contract involves supplying concrete cement and metal for the upgrading of the Train Cargo Terminal at Padang Besar, Perlis, Dolphin said in a filing with Bursa Malaysia.

PETALING JAYA: Country Heights Holdings Bhd (CHHB) will be convening an EGM on Nov 8 to give shareholders an avenue to discuss its proposal to issue its own asset-backed cryptocurrency via a proposed initial coin offering (ICO).

In a Bursa Malaysia filing, CHHB acknowledged that being the first public-listed company to head towards this new field, an EGM would help to clear the confusion among many who may not comprehend blockchain technology and the many cryptocurrencies in the world today.