By Ahmed Allam
Cairo – Mubasher: Medical services provider Cleopatra Hospital is planning to raise EGP600-700 million through EGX IPO, said a first-hand source preferred to remain anonymous.
The IPO will be carried out no later than the second quarter of 2016 and will be effected by capital hike, added the source, who is close to the matter.
The company is capitalized at EGP80 million, distributed over 160 million shares at a par value of EGP0.50 each.