Government Grant

RC365 Holding PLC

Apr 18 2024 08:00 BSTSource: RNS

RNS Number : 1409L

RC365 Holding PLC

18 April 2024

RC365 Holding Plc

("RC365" or the "Company")

Government Grant

RC365 Holding Plc ("RC365"), a company focusing on payment gateway solutions and IT support, is pleased to announce that Regal Crown Technology Limited, a wholly owned subsidiary of RC365 has received conditional approval from The Trade and Industry Department of the Hong Kong SAR Government for a grant of up to approximately £100k.

The Hong Kong dedicated fund on Branding, Upgrading and Domestic Sales (BUD) is designed to strengthen the support to Hong Kong incorporated enterprises in enhancing their competitiveness and developing in markets which have Free Trade Agreements with Hong Kong. The funds will be used to facilitate the Company's projects in Malaysia as it continues to expand operations within the region.

For further information please contact:

RC365 Holding plc

Chi Kit LAW, Chief Executive Officer

T: +852 2251 1621

E: ir@rc365plc.com

Guild Financial Advisory Limited - Financial Adviser

Ross Andrews

Evangeline Klaassen

T: +44 (0)7973 839767

E: ross.andrews@guildfin.co.uk

T: +44 (0)7972 841276

E: evangeline.klaassen@guild.co.uk

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