Arab Finance: A company announced Castle for Financial Investments (CCAP)She decided to postpone the offering of the shares of its national subsidiary of printing on the Egyptian Stock Exchange until the geopolitical conditions and tensions that accompanied the Israel and Iran crisis improved, according to Business.
It intends to implement the offering during the current half of this year, but the current emergency conditions prevented this.
Last February, the Egyptian Stock Exchange agreed that the National Printing shares were registered with a source of 211.7 million pounds, distributed over 21.171 million shares with a value of 10 pounds, and the stock was divided into one pound during last August.
The registration decision stipulated that the main shareholders ’commitment to retain 75% of their contributions – at least 51% of the total shares – for a period of no less than 24 months from the date of registration, while continuing to adhere to the same percentage in any future increase in capital during the same period, with the exception of free shares.
It is worth noting that “National Printing” was established in 2006 under the umbrella of the “Grand View Holding Group”, and it is considered one of the castle investments in small and medium companies, where the castle owns about 48% of its shares, while the Grand Vio group owns about 53%.
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