Cairo – Mubasher: Amer Group Holding Co’s shareholders on Thursday rejected to voluntarily delist the company’s shares from the Egyptian Exchange (EGX) during an extraordinary general meeting (EGM).
The majority of shareholders decided to reject a prior decision by the board of directors to delist the company’s shares, the Cairo-based firm said in a filing to the EGX.
For the full-year 2018, the real estate firm’s profits fell to EGP 74.7 million, compared EGP 92.9 million in the prior year, including minority shareholders’ rights.
By 11:47 am Cairo time, Amer Group’s stock fell 4.44% to EGP 0.84.
