About the Company
Millennium Investment and Acquisition Co. Inc. (“MIAC”), formerly Millennium India Acquisition Co., is an internally managed, non-diversified, closed-end investment company. MIAC currently holds a minority interest in SMC Global, an Indian financial services company, consistent with MIAC’s past investment strategy focusing on Indian investments. MIAC now principally focuses on new investments in alternative energy. Consistent with this new strategy, MIAC now owns an activated carbon plant in Hawaii and is actively seeking to expand its portfolio.
Millennium Investment & Acquisition Company, Inc. Announces Updated Valuation of $11.6 million for Investment in SMG Global and updated Investor Presentation
Improved SMC Global financial performance leads to increased valuation as it progresses towards potential Initial Public Offering Updated Investor Presentation Indicates Discount to Valuation of 61% NEW YORK, NY–(Marketwired – Aug 22, 2017) – Millennium Investment and Acquisition Co....
Millennium Investment & Acquisition Company Inc. Achieves Key Milestone and Provides Corporate Update on Millennium Carbon Division
NEW YORK, NY–(Marketwired – Aug 17, 2017) – Millennium Investment and Acquisition Co. Inc. ( OTC : MILC ), today provided a corporate update on its Millennium Carbon division which owns an Activated Carbon plant in Hawaii. HISTORIC BACKGROUND On June 11, 2015,...