Cairo – Mubasher: The Egyptian Exchange (EGX) said the number of the ask orders responded to purchasing the rest of Ameco Medical Industries shares have reached 131.89 shares by the end of the offer period.
EGX has opened the OPR market to execute Ameco purchasing offer two times, where the first one started in 28 September and ended in 9 October, while the second one started in 27 November and ended in 1 December.
Last November, the market regulator approved the offer submitted by TVM that targets a 42.05% stake (nearly 1.4 million shares) in Ameco.
The EGX-listed company operates with authorized capital of EGP 20 and issued and paid-in capital of EGP 16.5 million, divided into 3.3 million shares at a par value of EGP 5 each.
