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Announcement of US$ 30 Billion Solar Roof Project in Thailand

Updated: Apr 22



PAN (Power-All Networks Ltd.) is a partner to CTG (Capital Trust Group Ltd.) as the Chief Technical and System Advisor to the solar roof project (The Project) for 6 million households in Thailand since 2022.


Both companies are very proud of The Project’s achievement. The selected local partner will be announced by CTG imminently. The US$ 30 billion digital bond offering to institutional investors by CTG on behalf of The Project are as follows:


✅ Name of Digital Bond: Capital Trust Group Digital Bond - Project 100

Issuer: Capital Trust Group Limited (CTG)

Management Company: Capital Trust Group Limited

Technical Advisor: Power-All Networks Ltd., a subsidiary of Foxconn

Local Strategic Partner: (To be confirmed / Role to serve as an Agent for the open bidding process to select the best supplier for the installation and upkeep of solar panels.)

Ranking: Unsecured and unconditional

Token Symbol: CTDB100

Total Supply: 10,000,000 (Ten million tokens)

Price per Token: USD 3,000. -

 Type of Token: Digital Bond, Investment Token

Issue Size: USD 30 Billion

Maturity: On or about February 22, 2033 (10 years)

Target Coupon / Yield: 0% interest per annual

✅ Digital Bond Buyback Policies:

CTG will collect the revenue (such as those from selling carbon credits, collecting power fees, and other sources, after deduct the management fees from local Project Management Company) to buyback this Digital Bond through designated Decentralized Exchange (DEX) on a monthly basis (every 25th)


✅ Use of Proceeds:

The proceed from the US$30 Billion bond offering is for the investment in solar roofs equipment and in installation for 6 million agricultural households (Target US$ 5,000 per household). With this Digital Bond Project, Thailand's government may achieve its ambitious targets of becoming net zero by 2065 and carbon neutral by 2050. (The Use of Proceeds may be changed on 30 days' written notice to wholesale investors.)

 

 

✅ Age of Digital Bond Issuance: 304 days (as of 20 December 2023)


Reference:

👉 Company Profile of Local Project Management Company/Team; (TBC)

👉 Engagement Letter to appoint Local Partner as an exclusive Project Management Company; (To be confirmed)

👉Digital Bond Fact Sheet; (To be confirmed)

 

About Power-All Networks (PAN), a subsidiary of Foxconn

PAN is a serial pioneer in technology/De Facto Standards and is a Meta (Mother) Unicorn by itself, breeding and feeding new unicorns in all kinds of industries basing on its patents and engineering know how including but not limited to inter-cloud computing and Block Chains etc. Currently, the company is the pioneer of Pan Metaverse and a Web 3.0/4.0/5.0….. De Facto ecosystems.  Foxconn is a leading worldwide ODM and product technology company with over 70,000 patents. Hon Hai, its holding company, is listed as no. 27 in the 2022 Fortune Global 500 ranking of the largest corporations by revenue in the world with its revenue of US$ 222.5 billion. (https://fortune.com/company/hon-hai-precision-industry/)

 

About Capital Trust Group (CTG)

Capital Trust Group Limited is a New Zealand-based blockchain advisory and proprietary trading firm chaired by Mr. Kim Hak Su, the former Executive Secretary of the United Nations ESCAP. They also have the privilege of having Mr. Chavalit Yongchaiyudh, the 22nd Prime Minister of Thailand, as one of its shareholders and an honorable advisor. The company is in close collaboration with the Thai Ministry of Agriculture and Cooperatives on various initiatives (https://www.moac.go.th/news-preview-421491791011).


CTG is a leading financial trading platform with over 1,200,000 financial instruments being listed and traded on the platform.  CTG’s mass produced EdTech platform is the world’s leading educational platform on financial trading education in teaching people how to build investment portfolio like professionals e.g. Harvard/Yale/MIT Endowments, Temasek Holdings, Soros Fund Management, AIA Group, Government Pension Fund Thailand etc. In order to build a huge data network of international investors, CTG successfully negotiated a deal with "Vestate Group Holdings Limited (Stock Code: 1386)," a listed company on the Hong Kong Exchanges, to use the CTG Platform for the launch of an online stock trading competition. ( https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0420/2021042001274.pdf )


Additional Reference Detail; Chancery Hill Ventures Pte. Ltd. is pleased to announce its appointment of Capital Trust Group as its exclusive representative for investment projects and acquisitions in Thailand. https://www.chanceryhillventures.com/insights/capital-trust-group-and-chancery-hill-ventures-launch-a-partnership-to-promote-thai-businesses


Fund Management License of CHANCERY HILL VENTURES PTE. LTD. issued by Monetary Authority of Singapore; https://eservices.mas.gov.sg/fid/institution/detail/222231-CHANCERY-HILL-VENTURES-PTE-LTD



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