Longroot thailand, which is indirectly controlled by monaker group, signs engagement with magnolia, sets terms for $500-$700 million ico portal crypto offering

Weston, fl, jan. 11, 2021 (globe newswire) -- via newmediawire -- monaker group, inc. (nasdaq: mkgi) (‘monaker' or the ‘company'), a technology solutions company, today announced that longroot holding (thailand) company limited, a thailand company (‘longroot'), which monaker indirectly controls, which operates an initial coin offering (ico) portal in thailand, has signed a formal engagement letter with magnolia quality development corporation (‘mqdc') (‘magnolia'), to represent mqdc as its financial advisor for a proposed ico offering targeted between us$500 - $700 million.
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