Cairo – Mubasher: Trading on the shares of Speed Medical Co will commence on 15 April.
The estimated opening price will be the initial public offering’s (IPO) price of EGP 3.57, the Egyptian Exchange (EGX) said on Thursday.
The stock market said earlier that the IPO was executed at a total value of EGP 21.53 million on Thursday.
Meanwhile, the subscription for Speed Medical’s shares was previously covered 0.46 times.