Cairo – Mubasher: Heliopolis Company for Housing and Development will mull different methods to self-finance its activities, according to a press release on Thursday.

The company will adopt new strategies for the processes of sale and marketing, targeting to achieve sales at EGP842 million ($95.1 million) through its projects that will partially come to light sooner.

Moreover, Heliopolis plans to sell land plots at EGP100 million, said the company, setting no definite timeframe for its estimations.

In late March, the board of directors approved 2016/17 investment plan at an estimated value of EGP550 million.

On Wednesday, the stock moved 0.29 lower to EGP51.02 at close.