Capital Venture Europe PLC Continues to Support its Interest in Heulab Pte. Ltd.
LONDON, June 30, 2016 /PRNewswire/ -- The directors and management of Capital Venture Europe PLC (PINKSHEETS:CPVNF) are pleased to announce that they are continuing their investment in Heulab Pte. Ltd. of which the company owns 26%.
Heulab works with government agencies in Singapore such as the Ministry of Education and Mindef to develop educational software and military web-based technological progressive learning platform. Heulab Pte. Ltd. is a multi-award-winning technology company specializing in touch-based computing, E-learning and other enterprise collaboration solutions. Heulab has earned the recognition of several world-renowned leaders in IT and education including being the recipient of a star award partner with Microsoft in 2015, with a focus on cloud platform and application Innovation.
Heulab has two exciting projects under way, LEARNet and HueX, both of which have been designed as a web-based technological progressive learning platforms. Capital Venture Europe PLC CEO Wee Guan Tan states, "The company looks forward to Heulab continuing the development of its technology and will continue to support Heulab as necessary moving forward." More information on Heulab can be found at www.heulab.com.
Capital Venture Europe PLC is a diversified holding company with holdings in world-class assets that span the globe. The Company maintains a focus on expanding its portfolio assets around the globe specifically in the real estate and technology sectors that synergistically enhance the value of our intrinsic valued portfolio to maximize returns for our clients and investors.
FORWARD-LOOKING INFORMATION
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "will" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Corporation. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein. U.S. GAAP, ASC 450-20 defines a contingency as an "existing condition, situation, or set of circumstances involving uncertainty as to possible gain (gain contingency) or loss (loss contingency) to an entity that will ultimately be resolved when one or more future events occur or fail to occur."
SOURCE Capital Venture Europe PLC
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