HomeManufacturing & IndustryArab Finance - A client cut his share of Buunbak to 17.80%

Arab Finance – A client cut his share of Buunbak to 17.80%


Arab Finance: A company announced Universal for the manufacture of packaging materials and paper – Unipk – (UNIP)On the fortress of Al -Hosn Consulting, reduce its share in the first from 21.07% to 17.80%, by selling shares of 25 million shares, in a deal with a total value of 21,662,421.86 pounds, the company said in Its statement The sender to the Egyptian Stock Exchange.

The company was established in 1980 and the factory started in the tenth of Ramadan, its actual production in 1986, and the purpose of the factory was to produce self -adhesive products of all kinds, according to international specifications and the marketing of these products locally and externally, and its production capacity is estimated at about 10 million square meters annually, and as a result of the company’s success and its continuous progress and a desire to grow, a new factory has been created to produce the ribbed cartoon used in the package Its actual production began in 1994 and its energy is estimated at about 24,000 tons annually.

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