Benzinga | Mar 26, 2021 06:31AM EDT

MDJM LTD Reports Its Newly-Owned Subsidiary In The UK, MD Local Global, Signed Introducer Deal With Berkeley Residential To Introduce Prospective Purchasers To Berkeley

MDJM LTD (NASDAQ:MDJH) (the "Company" or "MDJH"), an integrated real estate services company in China, announced today that its newly opened subsidiary in the United Kingdom, MD Local Global Limited (the "Subsidiary"), signed an introducer agreement (the "Agreement") with Berkeley Residential (Singapore) Pte Ltd ("Berkeley"), a residential properties developer in Singapore and a subsidiary of Berkeley Group Holdings plc. Pursuant to the Agreement, the Subsidiary will introduce prospective purchasers to Berkeley, its subsidiaries or associated companies for certain introductory fees.

"The establishment of the Subsidiary marks a milestone in our growth and expansion into the United Kingdom as well as overseas markets. Working with Berkeley provides an optimal opportunity for the Company to introduce our services to new audience. We believe the Agreement opens door for both Berkeley and our customers to capture the growth of more diversified markets," said Mr. Siping Xu, Chairman and Chief Executive Officer of MDJH.