Mict board approves $60m capitalization for wholly owned subsidiary magpie securities to fund stock trading platform launch

Montvale, n.j., june 07, 2021 (globe newswire) -- mict, inc. (nasdaq: mict) (“mict” or the “company”) today announces its board of directors has approved a $60m capital injection from mict to its wholly owned subsidiary, magpie securities (“magpie”), which developed and will operate the company's online stock trading platform from hong kong.
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