Cairo - Mubasher: Fincorp Investment Holding set the fair value for El Kahera Housing between EGP 15.14/shr and EGP 17.13/shr.
El Kahera Housing earlier mandated Fincorp to set the company's stock fair value.
Earlier, Pioneers Holding submitted a mandatory tender offer to acquire 100% of El Kahera Housing.
EGX announced recently that the buyout offer submitted by Pioneers would be valid for 20 working days starting from 3 until 30 November.
The deal will be executed through EGX within five working days after the tender period at offer price of EGP 11.8 per share.
