Enegra (EGX)

<p>Enegra Group Ltd (LL15959, “Enegra”) is pleased to announce it has received a finalised Financial Report for the year ended 31 December 2021 from its auditor, Crowe (Labuan) LLP, on 16 November 2022.</p><h2 id="header-0">Audited Accounts</h2><p>The audited accounts show excellent results with Net Tangible Assets increasing 85% in FY2021 to USD 61 Billion and Net Profit After Tax increasing from USD 5.06 Billion in 2019 to USD 27.9 Billion. Significant profit and balance sheet growth was driven by the increase in commodity prices throughout 2021.</p><p>David Vincent, Chairman of Enegra, states that, “The completed audit report for the Enegra 2021 accounts is yet another significant milestone in the Enegra growth story. The audited balance sheet provides an asset-backed, solid foundation to further build a physical commodities trading business, in essential energy commodities that the world needs, in order to prosper.”</p><p>Enegra's Managing Director &amp; CEO, Matthew Averay, has said,&nbsp; "This milestone is also a testament to the dedication and hard work of the executive management team, the advisory team, employees and other stakeholders.”</p><h2 id="header-1">Enegra Group</h2><p>Enegra Group Ltd (LL15959) is a company incorporated in the Labuan International Business and Financial Centre, Malaysia, which is an independent offshore financial jurisdiction regulated by the Labuan Financial Services Authority under the purview of the Ministry of Finance, Malaysia.</p><p>Enegra enables commodity miners in emerging markets to compete globally, via world-class trading expertise, risk management, logistics, and governance. The success of their model makes Enegra one of the largest owners of physical commodity offtakes in the world. This offtake provides Enegra with audited Net Tangible Assets of over USD 61 billion.</p><h2 id="header-2">EGX</h2><p>Enegra has tokenised 100% of the equity in Enegra Group Ltd, with equity represented by the ERC-3643 compliant EGX security token issued on the Polygon blockchain (ISIN: MYA159590209). Enegra Group Ltd shares are held by a licensed Trust Company as Nominee on behalf of EGX token-holders, and all rights and distributions are passed on to the token-holders, including distributions and voting.</p><p>Investors are able to create an account on the <a href="https://investor.enegragroup.com" rel="noopener noreferrer nofollow">Enegra Investor Portal</a> and qualify to hold EGX and EOTA in their self-custody wallet, via the <a href="https://qualification.enegragroup.com" rel="noopener noreferrer nofollow">Enegra Qualification Portal</a>. EGX is also available to buy today without qualification, on <a href="https://www.xt.com/trade/egx_usdt" rel="noopener noreferrer nofollow">XT</a>, <a href="https://big.one/trade/EGX-USDT" rel="noopener noreferrer nofollow">BigOne</a>, and <a href="https://www.biconomy.com/exchange?coin=EGX_USDT" rel="noopener noreferrer nofollow">Biconomy</a> CEX.</p><p>Further information about Enegra and EGX can be found on Enegra’s <a href="https://linktr.ee/enegra" rel="noopener noreferrer nofollow">Linktree</a>. Enquiries should be directed to support@enegragroup.com.</p>

Enegra Receives Audited 2021 Financial Report

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