Country Heights shareholders give nod to ICO plan

In a filing with Bursa Malaysia, Country View said that the acquisition

KUALA LUMPUR: Country Heights Holdings Bhd shareholders have approved the company’s plan to conduct an initial coin offering (ICO) in order to issue its own cryptocurrency called “horse currency.”

The company’s plan is to eventually issue one billion horse currencies backed by RM2bil worth of physical assets held by the holding company with an initial 300 million open to the public for circulation, a statement by Country Heights said.