Arab Finance: A company announced Egyptian electrical cables (ELEC) On the fact that the Mishaqr Real Estate Investment Company reduces its share for the first from 10.02% to 7%, by selling shares of 100 million shares, in a deal of a total value of 312 million pounds, according to the company stated in Disclosure The sender to the Egyptian Stock Exchange.
The Egyptian Electric Cable Company was established in 1954, and it is the largest various cable company in Egypt. The company produces both power cables and communications cables for local markets and for export as well. Nearly two -thirds of the revenues are derived from sales of electrical cables for the electricity sector. Export work is a highly capable commercial activity of the Egyptian Electric Cable Company.
Related news
