
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.