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EGX approves Egysacom, DBK share flotation

EGX approves Egysacom, DBK share flotation
Photo Credit: Arabianeye - Reuters
Egysacom
ESAC
12.50% 0.09 0.01
DBK Pharma
DBKP
0.00% 0.00 0.00

Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved on Wednesday share flotation for Egysacom and DBK Pharmaceutical.

The committee amended Egysacom’s articles of incorporation.

DBK board earlier nodded to a private placement for 37.29 million shares, or 25% of capital, as well as an initial public offering of 14,928,915 shares representing 10% of capital.