Man Infraconstruction Incorporates Real Estate JV In Florida

Mumbai-based real estate developer Man Infraconstruction Ltd. has informed the exchanges that it has incorporated real estate joint venture MICL Tigertail with its wholly-owned subsidiary MICL Global in Florida, US.

MICL Tigertail is a newly formed entity. MICL Global is expected to contribute capital of $2 million approximately in MICL Tigertail, according to an exchange filing. Man Infraconstruction will hold 50% of the company through its subsidiary MICL Global.