Press Releases

PYGG excited about engagement TerraMobile 150 150 pygg

PYGG excited about engagement TerraMobile

Willemstad – September 21, 2022 – PYGG feels honored and excited about assisting TerraMobile with financial structuring, private- and public placement of securities via the Dutch Caribbean Securities Exchange (DCSX) in Curaçao to finance the rollout of its business plan.

Now that the concession from Curaçao’s government is entirely secured, individual investors, institutional investors and banks will be offered the opportunity to invest in more-than-welcome sustainable innovation of Curacao’s mobile telecom and wireless data infrastructure. Initial public offering of tradable (preferred) shares and bonds via the DCSX form part of the plan. Early investors will be offered extra attractive conditions.

“Our ambition is to become the first choice for mobile data, 4G/5G, commercial Point-to-Point (PTP) and Point-to-Multipoint (PMP) links by delivering outstanding wireless experience to our clients, anytime, anywhere”, says Mr. Dindial, founder, and Chief Information Security Officer of TerraMobile. Dindial: “We see listing on the DCSX as a social responsibility, offering our people the possibility to invest in the future for the youth of Curaçao.”

About TerraMobile (DCSX Ticker symbol TERRA)

TerraMobile is a new licensed Mobile Network Operator and Wireless Internet Service Provider based in Willemstad, Curaçao. The company offers to its customers symmetric and asymmetric internet access up to 250Mbs; Metro-E services via PTP or PMP; long term evolution (4GLTE & 5G) Mobile and Fixed wireless data, and private label secure mobile data for first responders and emergency medical services.

About pygg

pygg is a boutique investment firm that helps individuals and companies reach their financial goals by offering specialized and personalized wealth management, investment banking, and corporate services.

www.pygg.nl

###

PYGG Launches Virtual Asset Investment Funds 150 150 pygg

PYGG Launches Virtual Asset Investment Funds

Willemstad, Curaçao – August 1, 2022 – PYGG Securities Co. B.V. (“PYGG”) announces the launch of its virtual asset investment funds that operate exclusively on the Ethereum blockchain. The funds offer investors access to virtual assets (a.k.a. cryptocurrencies), real-time performance insight, 24/7/365 deposit and redemption functionality, and blockchain-based custody. 

“We are proud to be the first mover in offering virtual assets funds within the Curaçao financial community”, says Cees Quirijns, director of investments at PYGG. “By making innovative use of the blockchain we can offer investors advantages that are simply unprecedented in traditional fund management.” 

PYGG’s virtual asset investment funds live on the Ethereum blockchain in the form of smart contracts that are programmed to handle the funds’ operations such as fund administration and custody of virtual assets. Investors can deposit into the funds via their Ethereum-wallets and redeem their participations whenever they want. Quirijns: “ With our virtual asset investment funds, lock-ups, fund manager redemption approval, and nine-to-five service levels are things of the past.” 

To facilitate real-time deposits and redemptions, net asset values (NAV’s) are calculated in real-time. That is possible because the underlying assets of the funds are not held by a third-party custodian, but on the Ethereum blockchain instead. Investors simply deposit cryptocurrency from their Ethereum-wallets into the virtual asset funds and get fund participations in return. Redeeming fund participations results in direct payment of cryptocurrency into the same wallets. Quirijns: “Although PYGG determines the funds’ investment policies, the fund participants have full control by being able to monitor performance, deposit, and redeem 24 hours a day, 7 days a week, 365 days a year.” 

Cryptocurrencies are known for their enormous volatility and high risk compared to other securities. “That’s why we generally advise our clients to only allocate a small fraction of their portfolio to virtual assets provided their risk profile permits such an allocation. Volatility is the price you pay for returns. Virtual assets offer significant profit potential compared to other securities. It’s all about finding the right balance between risk and reward”, according to Quirijns.

Although many individual investors already have experience with self-directed investment in cryptocurrencies, the financial industry has been slow to offer professionally managed fund alternatives. Quirijns: “Virtual asset funds only attract a relatively small amount of capital which makes it difficult to operate them profitably. The low hanging fruit is generally in traditional securities. There are some good existing crypto fund initiatives out there though, but they mostly require high minimum investment amounts. By going the blockchain-based route, our funds solve that issue: they are very cost effective to run and therefore don’t require high minimums. That means through our funds a portfolio of any size can now gain some exposure to managed virtual assets.” 

Under the umbrella of its Virtual Asset Investment Funds (“VAIF”), PYGG launched two strategies: VAIF Income and VAIF Growth. VAIF Growth aims to generate returns from taking directional exposure in virtual assets based on fundamental and quantitative analysis. VAIF Income aims to generate yield from virtual asset lending and liquidity providing. Quirijns: “You could say that VAIF Growth is our high-risk virtual asset fund with asymmetric return potential and a multi-year horizon. VAIF Income is our low-risk alternative where directional exposure to virtual assets is limited, resulting in a more moderate expected return and volatility.” 

For more information on PYGG’s virtual asset funds, including investment memorandum, please surf to www.pygg.nl/VAIF   

PYGG congratulates CNYT with its tradable listing on the DCSX 150 150 pygg

PYGG congratulates CNYT with its tradable listing on the DCSX

Willemstad, Curaçao – August 22, 2022 – PYGG congratulates China Yi Meida Technology Group Holding Co. (ticker symbol “CNYT”) with the celebration of its tradable equity listing on the Dutch Caribbean Securities Exchange (DCSX).

“Our ambition is to not only grow our air purifiers market share in China which is currently around 2%, but also at international level. We see the listing on the DCSX as an important step towards international recognition”, says Mr. Liu Lihang, Chairman of the group.

 

About China Yi Media Technology Group

China Yi Media Technology Group is headquartered in China, where it established Qitaihe Dahang Electronic Technology Co. Ltd as its first R&D, production, and sales company early 2010. The group specialises in high-quality air-conditioners, air-purifiers, and face masks. While operating two physical sales locations in Baoding (North China) and Harbin (Northeast China), the company is also present on all major e-commerce platforms in China.

About PYGG

PYGG is a boutique investment firm that helps individuals and companies reach their financial goals by offering specialized and personalized wealth management, investment banking, and corporate services. To assist Chinese clients, PYGG operates a China desk in collaboration with Chinese associates from Sinotech B.V. and UNI GROUP, referred to in China as ‘SINO-PYGG’.

www.pygg.nl

###

PYGG breidt activiteiten verder uit met Wealth Management 150 150 pygg

PYGG breidt activiteiten verder uit met Wealth Management

PERSBERICHT

Willemstad, Curaçao, 9 augustus 2022 – PYGG Capital Partners (“PYGG”) breidt haar activiteiten verder uit met beleggingsadvies, vermogensbeheer en dienstverlening op het gebied van virtuele activa. Voortbouwend op het bestaande businessmodel en ingegeven door vraag vanuit de markt, opende PYGG een Wealth Management afdeling, inclusief Crypto Desk.

“Curaçao is van oudsher een thuis voor vermogensbeheer en positioneert zich steeds nadrukkelijker als een aantrekkelijke locatie om te wonen, werken, innoveren en investeren” zegt Frank Lammers, medeoprichter en directeur bij PYGG. Lammers: “Met de combinatie van persoonlijke op maat gesneden service én op moderne technologie gebaseerde dienstverlening richten we ons op particuliere en institutionele beleggers in de regio”.

PYGG kent naast deze nieuwe activiteiten ook nieuwe gezichten. Janine Laclé en Cees Quirijns zijn toegetreden tot de directie van PYGG. Laclé is een bekende in de Curaçaose private banking wereld. Zij was ruim 18 jaar werkzaam voor CIBC FCIB Wealth Management en diens rechtsvoorganger, ABN AMRO. Quirijns is al sinds eind jaren ’90 van de vorige eeuw actief in de beleggingswereld, ondermeer als beurshandelaar bij Eureffect Stockbrokers in Amsterdam. Later bekleedde hij diverse analist-, adviseur- en vermogensbeheer posities bij onder meer Theodoor Gilissen en ABN AMRO.

“Janine en Cees kunnen als geen ander inhoud geven aan de persoonlijke en vooruitstrevende manier van werken zoals PYGG die voor ogen heeft. Wij zijn dan ook erg blij dat zij ons team zijn komen versterken”, zegt Lammers enthousiast.

Over PYGG

PYGG is een onafhankelijke dienstverlener, die bedrijven en particulieren helpt hun financiële doelen te bereiken door gespecialiseerd en gepersonaliseerd vermogensbeheer, investment banking en fiduciare diensten aan te bieden. www.pygg.nl.

###

Persmap

www.pygg.nl/press

Local Time
PGFL-CW-CC14  $100CSKG  $0.30CORDG-UK  £0.05AURE-PA  $1,000SDEC  $1,000JMYS  $0.33ZGKY  $0.57WSYS  $0.70UPXS  $0.10MDSF-V9  $1,000NGRF-V9-A  $1,000NGRF-V9-B  $1,000YSAF-V9  $1,000CDSE  $0.40PHAG  SFr.250UMSC  $0.73CHFU-CW  100%BDCB-CW  100%ANVGH-US  $0.00GBIF  $1,000FIDII-PA  $1JGIF-A  $2,000ZGHGF-KY  $10BTGJ  $0.56RGIF  $1,000JXCN  $0.61CASN  $0.43HLKG  $0.14SHAI  $1HFFL-A  $1,000 HFFL-B  $1,000HFFL-C  $1,000SOMS-A1  100%SOMS-A2  100%SOMS-B1  100%SOMS-B2  100%CLDF  $10,039.50LMNV  $1CMRH  $2.50CNYT  $1.76CWIN  $1KDGJ  $0.23JGIF-B  $2,000TRUE  $1.50NGBA  $0.50WNCN  $2LJ99  $0.34MLCO  $0.81MCAG  $1.20FGNV  $320,000WLNV  $12,000RXIF  $1,000KIFL  $1,000CRLC  $26,067.18BEAR  $0.75PVIF-CW  $0.01KSTE  $0.80AIRF-VG-A  $1,000AIRF-VG-B  $1,000AIRF-VG-C  $1,000AIRF-VG-D  $1,000AIRF-VG-E  $1,000AIRF-VG-F  $1,000AIRF-VG-G  $1,000AIRF-VG-H  $1,000AIRF-VG-I  $1,000AIRF-VG-J  $1,000TFFL-A  $2,000