Hatten Land Shares Soar on News of Crypto Mining Solar Energy Ventures
Solar Panels Installed on Retail Mall Rooftops
Shares of WEB Hatten Land skyrocketed after the announcement of its foray into crypto mining powered by solar energy. The company has installed solar panels on the rooftops of its retail malls, utilizing renewable energy to fuel its crypto mining operations.
Background and Expansion
WEB Hatten Land, listed on the Catalist exchange in 2017, is the property development arm of Hatten Group. The company is expanding its operations into the lucrative crypto mining sector, leveraging its extensive real estate portfolio and access to renewable energy sources.
Hatten Land has filed an application in the General Division of the Singapore High Court to place the company under judicial management. This move aims to facilitate a restructuring process and safeguard the interests of stakeholders.
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