Cairo – Mubasher: The Egyptian Exchange decided to suspend trading on Ajwa Group for Food Industries - Egypt (Ajwa) starting from 18 January, according to a bourse filing.
This decision is effective until the company comments on the eligibility of Ajwa shareholders for debts worth EGP 700 million owed by Jadawel Company.
The company turned to losses in the third quarter of 2016 as suffewring a net loss of EGP 1.5 million at Q3 – 2016, against profits of EGP 8.9 million for the same period of the previous year.
