Cairo – Mubasher: Evergrow For Speciality Fertilizers is planning to offer 30% of its shares on the Egyptian Exchange (EGX) in two years, chairman Mohamed El Kheshen stated on Tuesday.
The company is completing required governance procedures in preparation for the offering, El Kheshen added.
Last year, the top official revealed that his company produces one million tonnes of speciality fertilisers and chemicals annually, with total investments of EGP 8 billion.
Evergrow exports products to more than 70 countries including Japan, the US, Italy, Greece, Morocco, and Algeria.