Modular Buildings Plc (MDLX)

Modulex Modular Buildings Plc (NASDAQ: MDLX) was founded in 2010, Headquartered in the UK London, Modulex is a British based ConstrucTech company, providing advanced 3D three-dimensional steel modular buildings, which are embedded artificial intelligence 、 Blockchain and Internet of Things And other emerging technologies (i.e. modular building 2.0). On December 8, 2022, Modulex and Special purpose acquisition company PHP Ventures Acquisition Corp. (Nasdaq: PPHP) announced that the two parties signed a final business merger agreement.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

Modulex Modular Buildings Plc (MDLX)

Modulex is a leading ConstrucTech company, which uses emerging technologies such as artificial intelligence, blockchain and the Internet of Things (IoT) to quickly meet the growing demand for housing and infrastructure with optimal cost efficiency. Modulex is promoted and incubated by Red Ribbon Asset Management Plc, a mainstream influential investment company, aiming to bring disruptive building technologies to emerging markets and growth markets that need infrastructure such as healthcare, offices and affordable housing. Modulex Modular Buildings PLC owns 26% of the shares of BSE listed entity Modulex Construction Technologies Limited. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

Modulex is a cutting-edge building technology company headquartered in the United Kingdom, which provides advanced 3D three-dimensional steel modular buildings that have passed the carbon net zero certification. These buildings are embedded with AI, blockchain, Internet of Things and other emerging technologies - modular building 2.0. Modular Building 2.0 allows rapid optimization of design, traceable quality assurance, real-time monitoring using the Internet of Things, and certified zero carbon buildings within minutes. The application of Modulex technology has shortened the design and construction time, provided high-quality construction, reduced construction and maintenance costs, and reached the highest building standards. The Modulex building structure is very sealed, ensuring energy efficiency, and can be fully mortgaged. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

Modulex is currently building the world's largest steel modular construction plant in India, and MegaFactory ™ will supply the UK, EU, US and Indian markets. MegaFactory ™ will have a manufacturing plant covering an area of 40 acres, 280 km from Mumbai, as a manufacturing cluster, producing fully assembled steel modular buildings, bathroom cabins, doors and windows. MegaFactory ™ will be ISO 9000, 14000, 31000 and 26000 certified and fully comply with ESG standards. Rainwater will be collected for recycling, and the site is equipped with workers solar energy Battery Banhe Organic Farm food 。 The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

MegaFactory ™ has an initial annual capacity of 300000 square meters (can be expanded to 1.2 million square meters), making the number of supply chains directly affect the shortage of affordable housing and other infrastructure needs. These are in MegaFactory ™ The manufactured buildings are expected to be BOPAS certified and eligible for NHBC warranty. In order to support the transformation of the construction industry to off-site construction, especially steel modular buildings, Modulex will provide credit to customers with long-term refinancing arrangements. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

Modulex's experienced senior management team is keen to create a futuristic "ConstrucTech" business, and play the full potential of "modular building 2.0" in the high growth global market. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

The net income from the merger with PHP Ventures Acquisition is expected to be used to fund the development of organic growth and expansion, including funding for five factories in South Korea, Vietnam, Brazil, Egypt and the United States, and enabling Modulex to open another 15 factories in emerging markets, as well as operating funds. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

Modulex Modular Buildings Plc (MDLX) is listed:

On December 8, 2022, Modulex Modular Buildings Plc, a manufacturer of modular buildings "ConstrucTech" headquartered in the UK and focusing on the world, and PHP Ventures Acquisition Corp. (NASDAQ code: PPHP/PPHPU/PPHPW/PPHPR), a special purpose acquisition company, announced today the signing of the final business merger agreement. Upon completion of the proposed transaction, Modulex will become a public company, and PHP will become a subsidiary of Modulex. Modulex is expected to be listed on the NASDAQ Capital Market with the stock code of "MDLX". The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

After the merger, the stock market value of the company after the transaction is about 723 million dollars. All directors, officers and founding shareholders of Modulex common shares before the merger will lock 90% of their shares within three years after the merger. In addition, the minority shareholders of Modulex will be locked in 90% of their shares for a period of two years from the date of completion of the merger. The end of this proposed transaction depends on 90% of the minority shareholders and the founding shareholders agreeing to these locks, and PHP can modify or abandon this clause at its own discretion. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html

Modulex Modular Buildings Plc (MDLX) US equity investment

Wait for the successful merger and listing of Modulex Modular Buildings Plc (MDLX) SPAC. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/mdlx.html