Moon Capital holds 7.2% stake in EKH

Cairo – Mubasher: Egypt Kuwait Holding (EKH) on Thursday said that Moon Capital Partners Master and Moon Capital Master Fund Limited hold around 74.6 million shares in it, accounting for 7.2% of the company’s total capital.

Moon Capital Partners Master has nearly 68.8 million shares in EKH, while Moon Capital Master Fund holds about 5.1 million shares, according to a statement to the Egyptian Exchange (EGX). 

Additionally, Moon Capital Performance holds around 640,600 million shares, EKH added.

The aforementioned figures have been effective as of 1 January, the company indicated, noting that its announcement was subject to Article 29 on listing and delisting security regulations.

In November, EKH posted consolidated profits of $75 million for the first nine months of 2018, versus $76.5 million in the year-ago period.

Revenue grew to $338.9 million at the end of September from $258.18 million in the corresponding nine months of 2017.

Mubasher Contribution Time: 10-Jan-2019 12:33 (GMT)
Mubasher Last Update Time: 10-Jan-2019 12:34 (GMT)