Fintech PR
MDJM Announces the Acquisition and Renovation of Two New U.K. Hotel Properties as a Part of its Globalization Strategy
LETHAM, United Kingdom, June 26, 2023 /PRNewswire/ — MDJM LTD (Nasdaq: MDJH) (the “Company” or “MDJM”), an integrated global culture-driven asset management company, recently completed the acquisition and renovation of two new properties, Fernie Castle and Robin Hill Hotel, in the United Kingdom. The acquisition and renovation of the two properties, each with their own inimitable historical heritage and cultural value, represent the completion of the first phase of MDJM’s repositioning and upgrade, driving the strategic transformation of its corporate globalization and setting out the business philosophy and strategic vision of its future business.
Tucked away among 17 acres of enchanting woodlands in Fife, Scotland, Fernie Castle stands as a captivating testament to 670 years of history and offers a unique experience. Guests can explore the untouched beauty of a native forest and a serene lake, where wildlife thrives undisturbed. There are 3 rare London Plane tress with over 900 years old inhabited by a lovely red squirrel family. The castle’s turret, private lake, ancient igloo, and even a treehouse perched on top of six towering sycamore trees all evoke an aristocratic splendor of the past. After the completion of MDJM’s acquisition and renovation, Fernie Castle is now available to host weddings of up to 180 guests with meticulous attention to detail that we believe will ensure an experience where history, elegance, and service converge to fulfill the dream of a romantic castle wedding.
Located in the heart of Torquay in southwest England, Robin Hill Hotel tempts guests with its vintage boutique charm, offering a delightful blend of nostalgia and elegance. Quintessentially English, it evokes nostalgia for times gone by and is a peaceful retreat just a short walk from the seafront, harbor, and multiple dining options. With a long and rich heritage, Robin Hill Hotel exudes an artistic vibe, providing a special experience for discerning guests. From its exquisite breakfast offerings and tranquil garden to the inviting bar and sunlit library, the hotel seamlessly combines British classics with modern amenities, making it a destination that transports guests back to a more traditional time.
“Since our NASDAQ listing, MDJM made a strategic decision to expand our global development footprint and set asset investment as our top priority,” commented Siping Xu, Chairman and Chief Executive Officer of MDJM. “Once we visited ourselves, we found the profound value of the historical heritage of both properties very attractive. Based on our long-term investment plan, we have shaped our development strategy and business philosophy by focusing on investments in traditional-style properties. We intend to respect traditions through a combination of the exploration and development of historical and cultural properties with modern digital technology to create assets that have both historical and contemporary practical value. MDJM firmly believes that in this way, we can better respond to the market demand and maintain our value.”
With the acquisition and renovation of these two properties completed and a team with a wealth of hotel and wedding planning experience in place, MDMJ’s five-year vision is to continue exploring and developing high-quality historical and cultural properties by combining cutting-edge digital technology with such properties to create assets that encapsulate contemporary practical value.
About MDJM LTD
Founded in 2002, MDJM is an integrated global culture-driven asset management company that, through its subsidiaries, is undergoing business transformation and globalization transitioning, especially in the development of real estate-related hospitality, butler services and more. For more information, please visit http://ir.mdjmjh.com/.
Investor Contact:
Sherry Zheng
Weitian Group LLC
Email: [email protected]
Phone: +1 718-213-7386
Video – https://mma.prnewswire.com/media/2140009/fernie.mp4
View original content:https://www.prnewswire.co.uk/news-releases/mdjm-announces-the-acquisition-and-renovation-of-two-new-uk-hotel-properties-as-a-part-of-its-globalization-strategy-301862777.html
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Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
Photo – https://mma.prnewswire.com/media/2566076/Wahed_MENA_Khalid_Al_Jassim.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
Photo – https://mma.prnewswire.com/media/2566075/Qatar_Development_Bank_Announcement.jpg
View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
Photo – https://mma.prnewswire.com/media/2557788/image.jpg
Photo – https://mma.prnewswire.com/media/2565550/Image2.jpg
Logo – https://mma.prnewswire.com/media/2449955/5026987/AIMA_Technology_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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