Amer Group
AMER
-5.33%
0.94
-0.05
AMER
Amer Group Holding announced it appointed Grant Thornton as financial advisor for the group’s restructuring of its investments.
The group added in a statement that it delegated Dr. Ashraf El-Sharkawy, main partner responsible for financial restructuring, to contract with Grant Thornton.
Amer’s Q1 profit fell to EGP 2 million, from EGP 15.3 million in Q1-13.
Amer’s ownership structure is divided as follows: Amer Waqf (35.18%), Mansour Amer (22.11%), Fineby Estates (20.48%), Mohamed Al-Amin (11.90%), free float (6.78%) and SOL Global (3.51%).
The group added in a statement that it delegated Dr. Ashraf El-Sharkawy, main partner responsible for financial restructuring, to contract with Grant Thornton.
Amer’s Q1 profit fell to EGP 2 million, from EGP 15.3 million in Q1-13.
Amer’s ownership structure is divided as follows: Amer Waqf (35.18%), Mansour Amer (22.11%), Fineby Estates (20.48%), Mohamed Al-Amin (11.90%), free float (6.78%) and SOL Global (3.51%).
Source:
Mubasher