Macau Capital Investments Acquires Majority Equity Stake in ECO Waste and Recycling

12/1/17

HOUSTON, Nov. 30, 2017 (GLOBE NEWSWIRE) -- Macau Capital Investments, Inc. (OTC:MCIM) -- Macau Capital Investments, Inc. announces entering into a material share purchase agreement between ECO Medical Waste Holdings, Inc. our Texas wholly owned subsidiary waste management company and ECO Waste and Recycling, LLC a Texas solid waste management company. A detailed copy of our business plan and financial statements can be found on our company website.

We are in the process of becoming OTC PINK reporting and removing the STOP sign.

The parties entered into this share purchase agreement to acquire 50% equity stake in ECO Waste and Recycling, LLC. Both companies are controlled by the same majority shareholders. The investment represents a $6.5 Million cost basis. ECO Waste and Recycling operates in the State of Texas as a regional solid waste and recycling company, transporting residential and commercial garbage to landfills and transfer stations. ECO Waste and Recycling had $6.5 Million revenue for the year ending 2016 and is on track to close the year out with $7 Million sales. The company has assets totaling more than $4.4 Million. The investment represents a significant increase in shareholder value, says "Monique Hayes, President/CFO".

Macau Capital Investments, Inc.

Macau Capital Investments, Inc. Ticker (MCIM) is a waste management assets holdings company. ECO Medical Waste Holdings, Inc. ("the Company") is a Texas based corporation, wholly owned subsidiary of Macau Capital Investments that provides solid waste and medical waste removal services to customers in Houston, Texas. To learn more visit: www.macaucapitalinvestments.com.

ECO Waste and Recycling, LLC

ECO Waste and Recycling, LLC is a private held company that provides solid waste collection and recycling to residents and commercial customers who are primarily municipalities in the surrounding counties of Houston, Texas. To learn more visit: www.ecowasteandrecycling.org.

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.