Arabia Investments to appoint financial advisor for lands' sale

Cairo - Mubasher:  Arabia Investments, Development and Financial Investment Holding Co. said it will appoint an independent financial advisor to evaluate land plots owned by one of its units.

The company currently studies selling number of unexploited land plots owned by its 51% - owned subsidiary Misr for Mechanical and Electrical Projects (Kahromika).

Earlier, the company’s board approved the proposal to list Kahromika’s shares in the Egyptian Stock Exchange.

Mubasher Contribution Time: 28-Dec-2015 08:25 (GMT)