Cairo – Mubasher: The Egyptian Exchange (EGX) said Thursday that a shareholder in Talaat Moustafa Group (TMG) raise his stake in the company to 5.04%.
Abdulmoneim Rashed, a Saudi national, bought 900,000 shares in TMG, at a total value reaching EGP 5.39 million. His stake before the deal stood at 4.99%.
The deal was executed at an average price of EGP 5.99 per share.
