Xenous Holdings, Inc.
XITO
Other OTC0.01
USD
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Xenous Holdings, Inc.
XITO
(Other OTC)
Recent
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0.01
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Xenous Holdings, Inc. (XITO) operates as a shell company with no significant current operations and focuses on seeking and investigating potential assets, properties, or businesses for acquisition. Incorporated in 1980 and headquartered at Room 1120, 11th Floor, Peninsula Centre, 67 Mody Road, Tsim Sha Tsui, East Kowloon, Hong Kong, the company previously known as M101 Corp. changed its name in November 2019. It maintains its exchange listing on OTC Pink Sheets in the United States and engages advisors such as YYC Advisors for valuations and Eastnaga Capital Fund Ltd. for corporate strategy. Recent strategic initiatives include ongoing financial and legal due diligence on Dadvance Agarwood Alpha Sdn Bhd, a Malaysia-based company specializing in Aquilaria tree plantations, agarwood products, and related agricultural commodities targeting markets in Europe and the Gulf region; this process, supported by a valuation report estimating potential value up to $76 million in 3-4 years post-harvesting, advances toward formal acquisition completion expected in the second half of calendar 2025 pending confirmation of supply chain scalability, market feasibility studies, lead conversions to contracts, and an independent fairness opinion.