Cairo - Mubasher: Alexandria Spinning and Weaving (Spinalex) said an investor raised his stake in the company to 18.17% from 17.37%.
The investor bought 769,890 shares, for EGP 714,520.
Spinalex is capitalised at EGP 596.5 million, distributed across 298.2 million shares at EGP 2 par value each.