Cairo-Mubasher: Misr Company for Mechanical and Electrical Projects (Kahromika), a subsidiary of Arabia Investments, Development and Financial Investment Holding Co., said that its board agreed to take legal action for the sale of two plots of its land, according to a bourse statement.
The board also gave the go-ahead to study ways to take advantage of the company’s office building.
The board approved the proposal to list Kahromika’s shares in the Egyptian Stock Exchange, the statement said, adding that it is in the process of selecting an investment bank chosen to study the listing process.