RC365 Holding PLC MoU with Hatcher Group Limited (3820B)
June 01 2023 - 7:55AM
UK Regulatory
TIDMRCGH
RNS Number : 3820B
RC365 Holding PLC
01 June 2023
1 June 2023
RC365 Holding Plc
("RC365" or the "Company")
MoU with Hatcher Group Limited
RC365 Holding Plc ("RC365"), a company focusing on payment
gateway solutions and IT support, is pleased to announce that on
the 1 June 2023 its subsidiary, Regal Crown Technology Limited
("Regal Crown"), signed a non-legally binding Memorandum of
Understanding ("MoU") with Hatcher Group Limited ("Hatcher") for AI
Development.
Pursuant to the MoU, Regal Crown and Hatcher intend to
collaborate with each other so as to bring the possible
implementation of AI solutions and other intelligent prediction
algorithm models into the development and optimization of Regal
Crown's proprietary applications, including applications with
provision of digital wealth management solutions. The Company and
Regal Crown will be committed to harness full potential of the AI
initiative by allowing implementation of automated workflow in its
proprietary applications, as well as integration of new features
including blockchain technology and virtual banking facilities.
The AI Development MOU shall be valid for twenty four months
from the date of the AI Development MOU.
For further information please contact:
RC365 Holding plc T: +852 2251 1621
Chi Kit LAW, Chief Executive Officer E: ir@rc365plc.com
Guild Financial Advisory Limited - T: +44 (0)7973 839767
Financial Adviser E: ross.andrews@guildfin.co.uk
R oss Andrews
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