MICL Tigertail LLC, an associate of MICL Global, Inc., has diluted its membership interest from 50% to 25%, effective January 19, 2026. ADMIRE 1755 TIGER LLC acquired the partnership interest. The initial capital contribution of MICL Tigertail LLC was US $4,000,000. Consideration received from the sale is US $1.2 million.
Membership Interest Adjustment
MICL Tigertail LLC, an associate of MICL Global, Inc., has reduced its membership interest. Effective January 19, 2026, the stake has been adjusted from 50% to 25%.
Transaction Details
The agreement for the sale was entered into on January 19, 2026, with an expected completion date of January 20, 2026. The consideration received from this sale/disposal amounts to US $1.2 million.
Buyer Information
ADMIRE 1755 TIGER LLC has acquired the partnership interest in MICL Tigertail LLC. The buyer does not belong to the promoter or promoter group companies. The transaction is not classified as a related party transaction.
MICL Tigertail LLC Financials
MICL Tigertail LLC’s capital contribution stands at US $4,000,000. The entity is in its initial stages of business commencement and has not significantly contributed to income during the last financial year. As of March 31, 2025, it has not generated substantial revenue.
Source: BSE
