Beltone Financial Holding (BTFH)

Cairo – Mubasher: Beltone Financial Holding turned to consolidated net losses of EGP 139.88 million in the first nine months of 2022, against consolidated net profits of EGP 10.45 million in the same period in 2021, including minority …

Cairo – Mubasher: The board of directors of Beltone Financial Holding approved obtaining a loan from UAE’s Chimera Investments, or one of its subsidiaries, at a value of EGP 1.34 billion.   The interest-free loan carries a maturity period of 12 …

Cairo – Mubasher: Beltone Financial Holding has made a statement to reply to the news reporting a potential capital increase.  The EGX-listed firm said the company’s ordinary general meeting (OGM) is set to meet on 31 August 2022 to elect a new …

Cairo – Mubasher: Beltone Financial Holding shifted to net losses after taxes of EGP 105.58 million during the first half (H1) of 2022, against net profits of EGP 8.54 million in H1-21.  Loss per share was EGP 0.26 during the January-June period …

Cairo – Mubasher: UAE-based Chimera Investments has acquired a 56% equity in Beltone Financial Holding, a subsidiary of Orascom Financial Holding (OFH). Chimera has purchased 259.12 million shares in Beltone at a total value of EGP 384.79 million, …

Cairo – Mubasher: The board of Orascom Financial Holding (OFH) has approved the mandatory purchase offer submitted by UAE’s Chimera Investments, or one of its subsidiaries, to acquire OFH’s stake in Beltone Financial Holding for EGP 1.48 per …

Cairo – Mubasher: Beltone Financial Holding, a 58.2% subsidiary of Orascom Financial Holding (OFH), has received a mandatory purchase offer from Chimera Investments, an Abu Dhabi-based private investment company, or one of its subsidiaries to …

Cairo – Mubasher: Beltone Financial Holding has received a preliminary non-binding offer from WM Consultancy Company to acquire a controlling equity in the listed firm. In alliance with strategic investors, WM Consultancy plans to acquire between …

Cairo – Mubasher: The consolidated net profits of Beltone Financial Holding rose to EGP 3.83 million in the first quarter (Q1) of 2022, compared to EGP 3.80 million in the year-ago period, including minority shareholders' rights. The company …

Cairo – Mubasher: Beltone Financial Holding incurred consolidated net losses after tax worth EGP 169.76 million during 2021, an increase of 28.19% compared to EGP 132.42 million a year earlier. The company's total revenues grew to EGP 351.68 …

Cairo – Mubasher: Beltone Financial Holding turned to consolidated net profits of EGP 10.46 million in the first nine months of 2021, against net losses of EGP 35.92 million in the year-ago period, including minority shareholders' rights.  The …

Cairo – Mubasher: The ordinary general meeting (OGM) of Beltone Financial Holding approved a proposal to increase the company’s issued and paid-up capital to EGP 926.957 million from EGP 891.305 million. The capital will be raised by EGP 35.652 …

Cairo – Mubasher: The Financial Regulatory Authority (FRA) approved the publication of a disclosure form submitted by Beltone Financial Holding to proceed with the capital increase procedures.  The form includes the board's approval to raise the …

Cairo – Mubasher: Beltone Financial Holding's board of directors approved a proposal to raise the company's issued capital. The proposal includes increasing the issued capital by EGP 35.65 million to EGP 927.02 million from EGP 891.3 million, the …

Cairo – Mubasher: Orascom Financial Holding (OFH) lowered its stake in Beltone Financial Holding to 59.22% from 61.24%. The transaction involved the sale of 9 million shares for EGP 21.08 million, averaging EGP 2.34 apiece, according to a …

Cairo - Mubasher: Beltone Financial Holding turned to net profits of EGP 8.54 million in the first half (H1) of 2021, versus net losses of EGP 20.52 million in H1-20, including minority shareholders' rights.  The revenues increased to EGP 193.82 …

Cairo - Mubasher: The board of directors of Beltone Financial Holding decided to increase the company's issued capital to EGP 926.95 million from EGP 891.3 million.  The capital will be raised by EGP 35.65 million, distributed over 17.82 million …

Cairo – Mubasher: Beltone Financial Holding witnessed two deals during Tuesday’s trading session. Zeta Investment Ltd. raised its stake in Beltone to 5.004% from 2.6%, according to a bourse disclosure on Tuesday. The transaction involved the …

Cairo – Mubasher: Orascom Financial Holding (OFH) slashed its stake in Beltone Financial Holding by 4.45% to 70.1% from 74.55%. The transaction involved the sale of 20 million shares for EGP 71.55 million, averaging EGP 3.58 apiece, according to a …

Cairo – Mubasher: Beltone Financial Holding turned to net profits of EGP 3.803 million in the first quarter (Q1) of 2021, against net losses of EGP 8.44 million in Q1-20, including minority shareholders’ rights. The revenues increased to EGP 97.94 …

Cairo – Mubasher: Beltone Financial Holding used EGP 125 million of its capital raise subscription proceeds, totalling EGP 166 million, until 30 June 2020. Beltone Financial Holding spent EGP 50 million, while Beltone Securities Holdings and …

Cairo – Mubasher: Beltone Financial Holding announced its future development plan proposed by the board of directors.  The company will rely on diversified financing and strategic support to create opportunities for the entry of new shareholders …

Cairo – Mubasher: The board of directors of Beltone Financial Holding approved the appointment of Mounir Amin Fakhry Abdel Nour as a non-executive chairman, succeeding Onsi Naguib Sawiris. In addition, the board also approved the appointment of …

Cairo – Mubasher: Beltone Financial Holding incurred consolidated net losses of EGP 132.42 million in 2020, up by 45% year-on-year (YoY) from EGP 91.50 million, excluding minority shareholders’ rights. Revenues increased to EGP 276.71 million last …

Cairo – Mubasher: Orascom Investment Holding (OIH) sold its entire stake of 74.55% in Beltone Financial Holding. The deal involved the trading of 332.23 million shares at a total value of EGP 900.34 million, averaging EGP 2.71 per share, …