Beltone Holding
BTFH
-2.82%
3.45
-0.10
BTFH
Cairo – Mubasher: Beltone Financial Holding announced submitted the IFA valuation report to the Egyptian Financial Supervisory Authority (EFSA), according to a bourse statement on Wednesday.
This step came in line with the new regulatory requirements by which the companies whose shares advance more than 50% in less than 3 months should submit a fair value study.
The company logged EGP 9.12 million net losses ($1.02 million) in Q2-16 against EGP 4.99 million profits ($561,000) for the year-ago period, taking into account minority rights, according to consolidated results.
Source:
Mubasher