Virtual Mind Holding Company Forms Saudi Joint Venture for Industrial IP Expansion

Reuters

Jan 21

<a href="https://laohu8.com/S/01520">Virtual Mind</a> Holding Company Forms Saudi Joint Venture for Industrial IP Expansion

Virtual Mind Holding Company Limited has announced that it has entered into an investment cooperation agreement with Mr. Sami Abdullah A1Shammary to establish a joint venture in the Kingdom of Saudi Arabia. The new limited liability company will focus on expanding operations in the industrial IP sector, primarily operating under the frameworks of the Saudi Ministry of Industry, including smart manufacturing and robotics as a service. Virtual Mind Holding Company will hold a 90% equity interest in the joint venture, contributing US$900,000 to its registered capital, while Mr. Sami will hold a 10% stake with a US$100,000 contribution. The partnership aims to leverage Virtual Mind's expertise in AI and Web3 technologies to create an innovative ecosystem covering sports, cultural tourism, and entertainment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virtual Mind Holding Company Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260121-11996523), on January 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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