SEATTLE—Haz Holdings, Inc. announced one of its subsidiaries, Mortgage and Financial Institute, LLC , a wholly owned mortgage brokerage firm, intends to enter into a share-exchange agreement with a public company, and have the exchange completed within two to three months. According to Karim Bhanji, CEO/Haz Holdings, the share exchange-agreement would bring “enhanced value to our shareholders because it will allow MFI’s management to focus more on expanding MFI’s mortgage business.” On March 19, the company closed a merger between Haz Holdings Inc., a Texas corporation, f/k/a Oncology Med, Inc., and Haz Holdings, Inc., a Delaware corporation that, as a result of the merger is now the wholly owned and operating subsidiary of the company. The company’s primary business is the ownership and management of hotel properties in the United States and Canada, Its hotels operate under the brand names Hotel Marquis and Suites and Marquis Inn and Suites. The company’s portfolio also includes wholly owned subsidiaries: Nationwide Hotel Management, LLC, a hotel management company; KB Realty Group International LLC, a commercial and residential real estate sales company; Evergreen Sound Construction, LLC, a commercial and residential development company; and DoTravelDeals.com, a global travel-booking engine.
Previous ArticleMajor Redo Under Way At Hilton Anatole In Dallas
Next Article Raffles To Manage St. Lucia Resort