Mundus Capital Invest AG (“MCI AG” or “MCI Group”) is Pleased to Announce that it is Going Public and will soon be Listed on Marché Libre of Euronext Paris
Zug, Switzerland, July 02, 2016 – Mundus Capital Invest AG (“MCI AG” or “MCI Group”) is pleased to announce that it is going public and soon be listed on Marché Libre of Euronext Paris.
MCI AG is a Swiss Holding company that is concentrating on investing in various viable ventures in Media, Aeronautics, Solar Cars, & Tourism.
The Media division of the Group is consisting of M24 TV and M24 BFA. M24 TV is an entertainment satellite & IPTV Channel that has been launched beginning of 2013, concentrating on the Maghreb and the Middle East markets, whereas M24 BFA TV is the division’s prospective Satellite, Cable and IPTV Channel to be launched as soon as it has secured the financial means, this thematic TV Channel will be fully concentrating on Business and Finance of the entire African continent, hence the uniqueness of the project.
“No one has bothered to launch a specialized TV channel informing about the Business opportunities and showcasing African investments” said Thierry Bouveret, a Business Development Manager of the Group, he added “We at MCI AG have identified the urgent need of launching a new channel that will concentrate 24 hours a day, 7 days a week on bringing selective news related to Business, Finance and Investment opportunities of the various African countries to the western investment world” he continued: “ I call it personally a valuable showcase of Business Opportunities of the African continent”.
The Aeronautics division of the Group is consisting of EVADA Aircraft, a manufacturing entity of Ultra Light Sport Aircraft (“ULSA”) based in Sousse, Tunisia. Beginning of 2016, this division has secured a collaboration contract with the well-established AVIONAV, a national manufacturer of ULSA that has already manufactured 2-seat-aircrafts: the “RALLY” and the “CENTURY” sold both in many European countries, the USA and last but not least Canada.
EVADA Aircraft has made the conception and plans of a 4-seat-Aircraft, the EVADA A4. The prototyping phase which is at 50% of completion (June 2016) will be finalized by the end of 2016, the prototype will be sent to the United States to perform a series of ground and flight tests in order to get its US certification.
EVADA Aircraft plans to start the commercialization of EVADA A4 beginning of next year 2017 and plans to manufacture and sell 100 EVADA A4 Aircrafts and plans to double the production and sales during 2018.
“We are creating a family Ultra Light Sport Aircraft” stated Aymen Bouaoun, Member of the Board of EVADA Aircarft, he added: “EVADA A4 will be affordable, accessible not only to millionaires but also to middle class family fathers”, he continued: “we are therefore proud of what we are manufacturing and we believe that our AVADA A4 will position itself among the competition’s existing Aircarfts”.
The Solar Car division of the Group is consisting of XOXO Automobile that is still in development phase. The division has secured a collaboration agreement with a national Tunisian company that has designed and produced a prototype of 2-seat solar car. XOXO is keen at present on making the development of a 4-seat solar car that will be destined for the African markets; hence the division’s engineers are working on the prototype of the new designed green car.
The Tourism division of the Group is consisting of MANIFIK Club that is offering its club members the possibility of travelling to various worldwide destinations at a fraction of the normal costs, it also offers online shopping possibilities for exclusive selective products, furthermore, once the club’s community is internationally well developed then the club will start to offer various drawing lots to win prizes i.e. luxury cars, properties and even some Ultra Light Sport Aircrafts.
Since the beginning of 2016, MCI AG has been working on going public on a reputable stock exchange, therefore it has submitted its application to Euronext via its German sponsor Capital for Markets GmbH and it will soon be listed on Marché Libre of Euronext Paris and commence trading of its shares.
“The listing of MCI AG on Euronext will soon attract new investors to the Group” said Khaled AKID, President & CEO of MCI AG, he continued: “the level of our success will be fully depending on the level of funds raised on-market and off-market”, he continued: “I am quite confident that MCI AG will also attract institutional investors to the Group since we are looking to enter new profitable fields like the Ecological Property Development and Green Energy”.
About MCI AG (Mundus Capital Invest AG):
Mundus Capital Invest AG is a Swiss holding company that entirely owns M24 Group, the media division of MCI that is concentrating on the MENA region.
MCI has expanded its business activities beyond Media and focuses on various viable business fields: Aviation, Automobile and Tourism & Travel.
MCI is keen on further expanding its business activities and planning to invest and form new companies in the fields of Real Estate, Renewable energy and Agriculture.
The holding company is considering certain strategic acquisitions and/or the forming of new Joint Venture companies with well-identified local partners on the emerging markets.
MCI will soon be listed on the Stock Exchange Euronext Paris.
The Web Page of the Group is: http://www.corporate.m24group.com
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. Mundus Capital Invest AG cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. Mundus Capital Invest AG expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.
Mrs. Neila Bouasker
Tel: +41 44 585 34 21