Misen Energy AB (publ) sells 2 % of the shares in subsidiary Misen Enterprises AB
On 26 November 2017, Misen Energy AB (publ) has closed the sale of 2% of the shares and shares capital in it’s subsidiary Misen Enterprises AB to the Hong Kong based company Powerful United Limited (“PUL“). PUL is controlled indirectly by TCT Holding AB, shareholder of Misen Energy AB (publ). The purchase sum amounts to EUR 1 million. The agreement was concluded on the same conditions as agreed in the Share Purchase Agreement signed by Misen Energy AB (publ) and PUL in July 2017. As a result, Misen Energy AB (publ) have secured short term financing for the Swedish operation. Because of