Cairo – Mubasher: Investors in the Egyptian Exchange will see the following events related to their listed companies on 22 March:
Arabian Food Industries Company (Domty) will debut on Cairo bourse at a nominal value of EGP9.2. Earlier, the lead manager said the company set allotment at 9.39%.
The Egyptian Exchange will start executing the mandatory offer submitted by Pioneers Holding to buy 66.8% or 5.35 million shares of Universal for Paper and Packaging Materials from 22 March to 18 April.
Today is the record date for shareholders of Pyramisa Hotels and Resorts. Earlier, the company decided to pay out dividends at EGP3 starting from 27 March.
The lawsuit of Egyptian Resorts Co will be considered today by Egypt administrative Court. Earlier, the company announced that the administrative Court adjourned a lawsuit annulling Sahl Hasheesh land sale contract to 22 March.
