CI Capital raises EGP 1.7bn in IPO on Egyptian Exchange, will launch trading on Monday
The Egyptian Exchange (EGX) said that the initial public offering (IPO) of CI Capital Holding has been implemented at a value of EGP 1.7bn.
1M | 3M | YTD | 1Y | 2Y |
+11.45% | +16.50% | +24.65% | +62.93% | +204.88% |
Value Traded (Mln EGP) 5,509.30 |
Volume 1,350,213,915 |
Transactions 123,316 |
Market Cap. (Bln EGP) 2,212.46 |
The Egyptian Exchange (EGX) said that the initial public offering (IPO) of CI Capital Holding has been implemented at a value of EGP 1.7bn.
The Egyptian Exchange’s (EGX) listing committee approved the listing of CI Capital Holding’s shares, with issued capital of LE 411.45 million ($23.23 million) distributed over 411.45 million shares, with a nominal value of LE 1 per share.
B Investments is mulling an ambitious expansion plan in 2018, as it started trading on the Egyptian Exchange in a ceremony held on Thursday.
Financial Regulatory Authority (FRA) approved the issuing program of BPE Holding for Financial Investments (BCAP) in preparation for the offering of the company’s shares in the Egyptian Exchange (EGX).