Beltone Financial Holding News - Mubasher Info
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Beltone Financial Holding (BTFH)

Last update: 2 February 02:28 PM market time.
2.90
0.23
8.61%
Open 2.71
Previous Close 2.67
High 3.05
Low 2.75
Stock Statistics
Volume 23,853,648
Turnover 70,053,176.00
All data are 15 minutes late during market session

News

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23 November 2022 04:26 PM Beltone turns to consolidated losses in 9M-22; capital raise proposed
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 …
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8 November 2022 11:17 AM Beltone's board approves EGP 1.34bn loan from UAE-based Chimera
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 …
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29 August 2022 11:51 AM Beltone replies to news reporting potential capital raise
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 …
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24 August 2022 11:11 AM Beltone turns to EGP 106m losses in H1-21
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 …
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4 August 2022 03:57 PM UAE’s Chimera acquires majority stake in Beltone for EGP 385m
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, …
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26 July 2022 04:37 PM Orascom Financial Holding accepts Chimera’s offer to buy majority stake in Beltone
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 …
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13 June 2022 11:16 AM Beltone receives purchase offer from UAE's Chimera Investments
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 …
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6 June 2022 05:55 PM WM Consultancy eyes majority stake in Beltone
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 …
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30 May 2022 11:05 AM Beltone reports higher profits in Q1-22
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 …
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6 March 2022 05:43 PM Beltone’s consolidated losses deepen 28% in 2021
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 …
The company's revenues grew to EGP 264.112 million
9 November 2021 11:06 AM Beltone swings to profits in 9M
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 …
The capital will be raised by EGP 35.652 million
28 October 2021 00:24 PM Beltone Financial Holding's shareholders nod to capital raise
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 …
The capital will be increased to EGP 926.95 million
29 September 2021 11:27 AM FRA approves Beltone's capital raise
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 …
The proposal includes increasing the issued capital to EGP 927.02 million
21 September 2021 10:43 AM Beltone's board approves capital raise
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 …
The transaction involved the sale of 9 million shares
26 August 2021 04:48 PM Orascom Financial Holding cuts stake in Beltone
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 …
The revenues increased to EGP 193.82 million in the January-June period
11 August 2021 10:59 AM Beltone Financial Holding turns to profitability in H1-21
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 …
The capital raise will be allocated for the employee stock ownership plan
14 July 2021 11:16 AM Beltone's board approves EGP 35.6m capital raise
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 …
Abdel Latif Mahmoud Abdel Latif Mahgoub increased his stake to 5.144%
8 June 2021 02:06 PM Shareholders raise ownership in Beltone
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 …
The transaction involved the sale of 20 million shares
2 June 2021 00:49 PM Orascom Financial Holding cuts stake in Beltone for EGP 71.5m
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 …
Revenues increased to EGP 97.94 million in the January-March period
17 May 2021 00:15 PM Beltone Financial Holding turns profitable in Q1
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 …
The remaining amount of the proceeds reaches EGP 41 million
22 April 2021 11:20 AM Beltone uses EGP 125m of capital raise proceeds
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 …
Beltone will create opportunities for the entry of new shareholders
11 April 2021 11:20 AM Beltone announces future development plan
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 …
The board approved the resignation of the Chairman Onsi Naguib Sawiris
23 March 2021 05:29 PM Beltone Financial Holding names new chairman
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 …
Revenues increased to EGP 276.71 million last year
1 March 2021 11:41 AM Beltone Financial Holding's loss widens 45% in 2020
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 …
Beltone Securities Brokerage acted as a broker in the transaction.
11 February 2021 05:47 PM Orascom Financial Holding acquires 74.5% of Beltone for EGP 900m
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, …