Cairo – Mubasher: The Egyptian Exchange (EGX) decided to suspend trading on the stock of Orascom Investment Holding (OIH) as of the beginning of Thursday’s trading session.
All offers and orders registered on the company’s shares prior to the announcement were suspended, the EGX said in a statemen ton Thursday.
Trading on OIH’s shares has been halted to allow the company to spin out several financial services companies into Orascom Financial Holding (OFH).
During the first nine months of 2020, the company incurred consolidated net losses of EGP 17.89 million, down from EGP 92.4 million in the corresponding period in 2019, including minority shareholders’ rights
