Cairo – Mubasher: The Egyptian Exchange announced Tuesday that the OPR system would be opened during the period 13 January till 10 February for the mandatory tender offer from Pavagato Rajoram Shiti for up to 825,895 shares, or 13.65% in Alexandria New Medical Center.
The buy offer was made at EGP 22.5 per share, which will be executed within five working days after the tender period expiry.
Alexandria New Medical Center is capitalised at EGP 48.4 million, or 6.05 million shares at EGP 8 par value each.
