Cairo – Mubasher: Qalaa Holdings on Tuesday announced that its subsidiary MENA Home Furnishings Malls Ltd. (BVI) has indirectly sold its entire 60 % stake in Bonyan For Development & Trade.
Accordingly, Qalaa has raised EGP 162 million, excluding liabilities, from the sale transaction, the company said in a filing to the Egyptian Exchange (EGX).
In May, the Egyptian investment firm said that its subsidiary Everys Holding Limited had sold its whole stake in Arabian Holding.
