OREANDA-NEWS. SIA "Acme Corporation" informs that it has been agreed with SIA “H.B.I.” (uniform registration number: 40103308611) to purchase 100% shares in SIA “Mui?as parks” (uniform registration number: 40003760031).

SIA “Mui?as parks” owns 2/5 ideal parts in the real estate “Vecsvilpji”, Saulgo?i, ?ekava parish, ?ekava county (cadastral number: 8070 011 0054) and 2/5 ideal parts in the real estate “Sak?as”, ?ekava parish, ?ekava county (cadastral number: 8070 011 0050). The planned SIA “Mui?as parks” share purchase price is 75 000 EUR (seventy five thousands euro) with 60 (sixty) day payment term. 

As a result of the contemplated transaction SIA "Acme Corporation" will acquire full control over both above mentioned real estates considering that already now SIA "Acme Corporation" indirectly owns 3/5 ideal parts in each of the real estates through its subsidiary SIA “BIG TRUCK”. 

The contemplated transaction will have no current effect on SIA "Acme Corporation" financial indicators as the real estates currently do not generate any rent or other income, however, it will allow SIA "Acme Corporation" to control the development of the infrastructure for the planned industrial warehouse district.