Mubasher TV
Contact Us Advertising   العربية

FEP Capital completes listing Union Pharmacist on Nilex

FEP Capital completes listing Union Pharmacist on Nilex
The Egyptian Exhange - (Photo Credit: Arabianeye-Reuters)
Union Pharmacist
UPMS
6.31% 1.50 0.10

Cairo - Mubasher: FEP Capital Group announced on Sunday that it has completed the procedures of listing Union Pharmacist Company for Medical Services and Investment on Nile Stock Exchange (Nilex), according to a press release.

This comes as part of the financial services company’s strategy of listing a company on Nilex every three months, according to Omar El-Maghawry, managing director of FEP Capital.

Union Pharmacist Company's issued capital totalled EGP 13.66 million, with a par value of EGP 1 per share, explained El-Maghawry.

The company’s sales reached EGP 18 million in 2015, and EGP 8 million in H1-16, according to the statement.