SEATech Ventures Corp. is an Asia-focused technology business mentoring and incubation company, providing advisory services to ICT startups and investing in related firms, with a primary office in Kuala Lumpur, Malaysia.

# Company Summary: SEATech Ventures Corp.

## Business Overview
- **Main Activities:**
  - Providing **business mentoring**, **incubation**, and **corporate development advisory services** to technology companies, especially in the **ICT (Information and Communication Technology) industry**.
  - Focused on **nurturing ICT entrepreneurs in Asia**.
  - Offers a **"ICT Start-Up Mentorship Program"** designed to:
    - Address industry pain points such as technical deficiencies, poor financial modeling, and weak strategic positioning.
    - Improve clients’ technical exposure and sustainability through mentorship.

## Business Focus & Industry Context
- Targets entrepreneurs in the broader technology industry, specifically in **Asia**, including countries like Malaysia, Hong Kong, and other parts of Southeast Asia.
- Currently, **clients are mainly Malaysia-based ICT companies**, with plans to expand within Asian countries.
- **Expansion efforts** include acting as a listing sponsor for GreenX, a Shariah-compliant ESG digital asset exchange, focusing on digital/physical asset-backed companies in security token offerings (STOs).

## Business Environment
- The **Asian ICT Industry** is rapidly expanding, driven by IoT, robotics, smart cities, and digital transformation.
- Notable growth projections:
  - Market for IoT will reach ~$398 billion by 2025.
  - Robotics market projected to exceed $130 billion by 2025.
  - AR/VR revenues could reach $70.8 billion by 2024.
- The **Hong Kong ICT industry** is well-developed, with high penetration rates and government support, including funding initiatives and smart city projects.
- The **ASEAN region** is experiencing strong growth in IT spending (~$33.97 trillion from 2021-2026) and digital economies (~$218 billion in value transactions in 2023).
- **Malaysia**:
  - ICT market expected to grow from USD 25.29 billion in 2024 to approximately USD 39.18 billion by 2029.
  - Supported by government programs like MyDIGITAL.
- **Indonesia**:
  - ICT market valued at USD 36.9 billion in 2022, with projected growth to USD 81.21 billion in 2027.
- **Thailand**:
  - ICT market over $19 billion in 2022, expected to reach over $38 billion by 2027.
- **Vietnam**:
  - ICT market projected to grow from USD 10.2 billion in 2023 to over USD 17 billion by 2027.
- **Philippines**:
  - ICT market valued at USD 19.42 billion in 2022, projected to grow to USD 33.65 billion by 2027.

## Employees & Revenue
- As of December 31, 2024:
  - **Employees:** 1 full-time employee (administrative staff in Kuala Lumpur, Malaysia).
- **Revenue & Income:**
  - For the year ending December 31, 2024:
    - **Revenues:** $0 (no revenue generated due to adverse economic conditions).
    - **Net Loss:** $156,926.
    - **Gross Profit:** $0 (related to services provision in previous periods).
  - For the year ending December 31, 2023:
    - **Revenues:** $328,340.
    - **Net Loss:** $302,829.
    - **Gross Profit:** $76,640.
- **Current financial status**:
  - Cash and equivalents as of Dec 31, 2024: **$12,330**.
  - The company primarily depends on operating activities and external funding to sustain operations.

## Additional Details
- The company engages in **mentoring entrepreneurs** via community building, industry advice, market analysis, and facilitating opportunities such as pitch events and matchmaking.
- No current **revenue streams** from clients; efforts are focused on business development and expansion.
- The company has engaged in **investment activities** in related companies, holding stakes in several Asian ICT firms.
- The company's **primary office** is located in Kuala Lumpur, Malaysia.
- The company is publicly traded on OTC Pink under the ticker **SEAV**.

SEATech Ventures Corp. provides incubation and corporate development services specifically for technology entrepreneurs in the ICT sector, with a focus on supporting startups in Malaysia and plans for expansion across Asia.

# SEATech Ventures Corp. Overview

## Corporate Background
- **Incorporation**: April 2, 2018, in Nevada, USA.
- **Acquisitions**:
  - May 2, 2018: Acquired SEATech Ventures Corp., Labuan, Malaysia.
  - December 21, 2018: Acquired SEATech Ventures (HK) Limited, Hong Kong.
  - October 4, 2021: Acquired 60% of SEATech Bigorange CVC Sdn. Bhd., Malaysia (now SEATech CVC Sdn. Bhd.).
  - January 3, 2022: Acquired SEATech Ventures Sdn. Bhd., Malaysia.

## Main Activities
SEATech Ventures Corp. primarily provides:
- **Incubation Services**: Supporting technology-based entrepreneurs.
- **Corporate Development Services**: Advisory services tailored for clients in the ICT sector.
- **Mentorship Programs**: Focused on the "ICT Start-Up Mentorship Program," designed to assist tech-based entrepreneurs in navigating industry challenges.

## Subsidiaries
- **SEATech Ventures Corp. (Labuan)**: Investment holding.
- **SEATech Ventures (HK) Limited**: Business mentoring and incubation services.
- **SEATech CVC Sdn. Bhd.**: Dormant company.
- **SEATech Ventures Sdn. Bhd.**: Corporate advisory services.

## Market Focus
- Targeting ICT entrepreneurs mainly in Malaysia with expansion plans for other Asian countries.

## Financial Highlights
- **Revenue**: Generated $328,340 in revenue for the year ended December 31, 2023.
- **Employees**: 
  - Total of 3 full-time employees based in Kuala Lumpur, Malaysia.
  - Additional flexible workforce includes Chief Executive Officer, Executive Directors, Chief Financial Officer, and independent non-executive directors.
  
## Services Offered
1. **Mentoring**: Focused on entrepreneurship skill development through programs led by experienced officers.
2. **Match-Making & Business Opportunities**: Links entrepreneurs with potential investors and partners.
3. **Technology Team**: Provides digital solutions and market analysis.
4. **Financial & Corporate Advisory**: Supports clients in structuring their business and funding.
5. **Corporate Programs**: Enhances ICT skills of SMEs through workshops and seminars.

## Future Plans
- Expansion into broader Asian markets, specifically targeting Thailand, Indonesia, Singapore, Philippines, Vietnam, Myanmar, Cambodia, Taiwan, China, and Hong Kong.
- Recruitment of additional employees and managing partners in operational countries.
- Funding for an ICT Incubator Program aimed at fostering innovation.

## Client Base
- Focused primarily on technology start-ups and emerging growth entrepreneurs in the ICT industry.

## Governance & Compliance
- The company operates under standard business regulations in the jurisdictions it operates, with no significant regulatory hurdles reported. 

Overall, SEATech Ventures Corp. aims to empower ICT entrepreneurs through comprehensive support services, coupled with a strong presence in the growing Asian technology market.

SEATech Ventures Corp.

10-K / April 15, 2025

10-K / May 10, 2024

10-K / April 15, 2025

Company Summary: SEATech Ventures Corp.

Business Overview

Business Focus & Industry Context

Business Environment

Employees & Revenue

Additional Details