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    Taaleem plans to float shares on Egyptian Exchange

    Taaleem Management Services Company, a subsidiary of the listed CI Capital, intends to trade part of its shares on the Egyptian Exchange (EGX), according to a February 11th statement.

     

    Approximately 357.82 million ordinary shares, representing 49% of the capital, will be issued through an initial public offering (IPO) and a private placement in the secondary market.

     

    Taaleem’s IPO was reportedly scheduled for execution during the first quarter of 2021.

     

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