Al Arabi Investment cuts stake in Mohandes Insurance

Cairo – Mubasher: Al Arabi Investment Group reduced its ownership in Mohandes Insurance Company from 11.8% to EGP 2.17%.

Al Arabi Investment sold 1.06 million shares from its stake in Mohandes Insurance for EGP 30.8 million, at EGP 29.003 per share, according to a bourse filing.

Mubasher Contribution Time: 27-Mar-2017 11:41 (GMT)
Mubasher Last Update Time: 27-Mar-2017 11:42 (GMT)