Danai Wellness Coin

Project Description

Crigen offer wellness and medi-wellness services in Malaysia, operating under Danai Medi Wellness Boutique, operate 7 outlets across Malaysia.

HIGHLIGHTS

• Crigen offer wellness and medi-wellness services in Malaysia, operating under Danai Medi Wellness Boutique, operate 7 outlets across Malaysia.

• In July 2022, Crigen has submitted the application for approval for its listing on the National Stock Exchange of Australia and as a result, Crigen Resources Limited was listed on 20 September 2022.

• As of Dec 2020, Crigen Resources Berhad, the holding company of Crigen Group, was valued at MYR73.74 million.

• DANAI WELLNESS was established in 2004 under Crigen Resources Berhad as a chain store brand inside 4-star and 5-star hotels in Malaysia, serving members, local guests and hotel guests. The services are currently available within Malaysia and Danai is planning to expand into the Asia Pacific and Australia.

ADVISOR
  • UBB Investment Bank Limited

TERM SHEET

• Returns of 4% per Annum

• 2% Cash Point to be redeemed at any Danai Spa outlet

• Mandatory redemption of Coin by the Issuer after 3 years for 1st hand subscriber.

Development details

Capitalize on low hanging fruit to identify a ballpark value added activity to beta test. Override the digital divide with additional clickthroughs from DevOps. Nanotechnology immersion along the information highway will close the loop on focusing solely on the bottom line.

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