STOCKWATCH
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Civil Construction
Business Update5 Nov 2024, 09:46 pm

MICL Global, INC Acquires 40% Interest in HOLDING 752 & 758 NW 2 ST LLC for $3 Million

AI Summary

MICL Global, INC, a wholly owned subsidiary of MAN INFRACONSTRUCTION LTD., has acquired a 40% interest in HOLDING 752 & 758 NW 2 ST LLC. The entity is engaged in the business of real estate activities and is developing residential apartments in Miami, Florida, USA. The project comprises 51 luxury condominium units with state-of-the-art amenities. This acquisition enhances MICL Global Inc's focus on the group’s presence in the USA market.

Key Highlights

  • MICL Global, INC acquires 40% interest in HOLDING 752 & 758 NW 2 ST LLC.
  • The entity is engaged in the business of real estate activities in Miami, Florida, USA.
  • The project comprises 51 luxury condominium units with state-of-the-art amenities.
  • The acquisition is part of MICL Global Inc's focus on the group’s presence in the USA market.
  • The cost of acquisition is approximately $3 million.
MANINFRA
Civil Construction
MAN INFRACONSTRUCTION LTD.

Price Impact