А1 Acquired Rights for 72.33% of Shares in CJSC FIP Compas
The Investment Company А1 announced the acquisition of rights for 72.33% of shares in Closed Joint Stock Company Financial-Investment Partnership Compas.
The main asset owned by the company is the Trade Center Compas on the Yaroslavskoye highway in opposite of TRC Zolotoy Vavilon, address: 2A, Krasnaya Sosna Street, Moscow. The total area of the building of the trade center is 7,208.1 square meters, the land plot 0.2 hectare belongs to the company under lease for the term of 49 years and includes an adjacent parking area for visitors.
A1 is currently undertaking steps to terminate the bankruptcy proceedings of CJSC FIP Compas and return corporate control over the company. The main task of A1 will become the attraction of new tenants to the trade center, increase of operational profit and value of the joint stock capital of the company.
A1 is one of the leading players on the investment market in Russia and the CIS making equity investments in various industries, pursuing the interests of its shareholders, clients and partners. A1 focuses on investment projects of two types: special situations and growth strategies. Alfa-Bank (Russia), TNK, VimpelCom, Perekrestok and Rosvodokanal Group were originally A1 projects that later became strategic businesses for Alfa Group as well as core companies for the wider Russian economy. A1’s long-term interests are aimed at establishing strong and competitive businesses, producing modern and very high quality goods and services to satisfy Russia’s growing demand, and developing efficient organizational and management systems.