Cairo – Mubasher: Cyprus-based TVM Healthcare Acquisition III Limited Company said it was seeking to continue purchasing the rest of Ameco Medical Industries' shares between 27 November and 1 December, the Egyptian Exchange (EGX) said on Thursday.
In September, TVM Healthcare Acquisition III Limited executed a buy offer of 131,892 shares, at EGP 19.5 per share and at a total value of EGP 2.57 million.
TVM Healthcare currently holds 94.89% of Ameco’s shares, after raising its stake from 36.9% in June.
Ameco’s stock remained stable at EGP 17.51 on 14 April 2016 and has not traded since.
