Palm Hills fair value to rise on potential contract – Pharos

Cairo – Mubasher: Pharos Research said Monday that it may review its fair value for Palm Hills Development Company in case of the company signed a contract to develop 6,000 acres in cooperation with the New Urban Communities Authority (NUCA).

The research firm kept Palm Hills’ fair value at EGP 3.47, with a potential to raise it in the event of singing the contract.

Mubasher Contribution Time: 23-Nov-2016 11:57 (GMT)
Mubasher Last Update Time: 23-Nov-2016 11:57 (GMT)