Cairo - Mubasher: Zahraa Maadi Investment and Development (ZMID) board mandated Osool Financial Consultancy to conduct a study of available alternatives to finance current and future projects, including raising the capital.
The board also approved the decision to appoint the consultancy firm to prepare a report on the subject of reassessing the company’s stock fair value.
This report will help monitor the difference between the stock’s fair value and its market price, the report is set to be completed within a month, company’s chairman Ahmed Hussien told Mubasher.