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Naeem Holding shareholders discuss ADX listing 10 Nov

Naeem Holding shareholders discuss ADX listing 10 Nov
The yet-to-be floated stake will not exceed one-third of its capital - Photo Credit: Company's Website
Naeem Holding
NAHO
3.10% 0.13 0.00

Cairo – Mubasher: Naeem Holding said Monday that its extraordinary general meeting will consider registering a stake on Abu Dhabi Securities Exchange (ADX) on 10 November 2016, according to a bourse statement.

The yet-to-be floated stake will not exceed one-third of its capital, the company added.

Moreover, a block trading transaction was executed on the company's stock for 2.68 million shares worth $2.68 million, the company mentioned in a separate bourse statement on Monday.

The stock quote rose by 2.22% to $0.46 by 10:21am Cairo time.