Egyptian for Developing Building Materials (EDBM)

Cairo – Mubasher: Shareholder Ayman Ibrahim Abdel Moneim El-Nahhas has reduced his stake in the Egyptian Company for Construction Development (Lift Slab Misr) to 6.05% from 7.12% for a total value of EGP 2.04 million. El-Nahhas sold 6 million …

Cairo – Mubasher: Egyptian Company for Construction Development (Lift Slab Misr) announced that Ayman Ibrahim Abdel Moneim El-Nahhas increased his stake in the company's capital to 3.38% from 2.67%. Hence, El-Nahhas purchased 4 million shares at a …

Cairo – Mubasher: Egyptian Company for Construction Development (Lift Slab Misr) has spent EGP 71.53 million of the capital increase subscription proceeds amounting to EGP 86.22 million as of the end of October 2020. The total value of the …

Cairo – Mubasher: Egyptian Company for Construction Development (Lift Slab Misr) has used EGP 70.78 million of the capital raise subscription proceeds totalling EGP 86.22 million as of the end of June.  The total value of the proceeds amounts to …

Cairo – Mubasher: The Egyptian Company for Construction Development (Lift Slab Misr) announced the appointment of Grant Thornton Financial Consulting to conduct a fair value (FV) study of the company’s shares.  The FV assessment is needed by the …

Cairo – Mubasher: The board of directors of the Egyptian Company for Construction Development (Lift Slab Misr) decided to increase the issued capital as subscription to its capital raise was covered by 100%. The company’s capital will be raised by …

Cairo – Mubasher: The net profits of the Egyptian Company for Construction Development (Lift Slab Misr) surged by 1,558% year-on-year (YoY) to EGP 3.79 million during the first half (H1) of 2020 from EGP 228,668. The company’s operating income …

Cairo – Mubasher: The Egyptian Company for Construction Development (Lift Slab Misr) is set to complete a deal to acquire 85% of El-Wafaa for Tourism Investment Co. for EGP 94.6 million from Al Forsan Real Estate Development & Investments. Through …

Cairo – Mubasher: The board of directors of the Egyptian for Developing Building Materials (Lift Slab) recommended an increase in the company’s issued capital to EGP 140.3 million from EGP 56.125 million. The capital is proposed to be increased by …

Cairo – Mubasher: Egyptian for Developing Building Materials (Lift Slab) has been awarded a commercial, administrative, and residential joint project by MOT Investments and Projects, an affiliate to the Egyptian transport ministry. Situated on …

Cairo – Mubasher: The extraordinary general meeting (EGM) of the Egyptian for Developing Building Materials (Lift Slab) approved a five-for-one stock split. The company’s shareholders approved a recommendation to split the share’s nominal value to …

Cairo – Mubasher: Egyptian for Developing Building Materials (Lift Slab) announced that the delivery of its minarets project in the New Administrative Capital is near completion. The company has sealed EGP 22 million contracts since the beginning …

Cairo – Mubasher: Egyptian for Developing Building Materials’ (Lift Slab) board of directors has recommended raising the company’s issued capital to EGP 65.1 million from EGP 34.07 million. The extraordinary general meeting (EGM) is set to review …

Cairo – Mubasher: Egyptian for Developing Building Materials (Lift Slab Misr) on Tuesday announced a 258.5% year-on-year rise in profits for the first half of 2017. Profits soared to EGP 336,000 in H1-17, from EGP 93,700 a year ago, according to …

Cairo – Mubasher: Egyptian for Developing Building Materials (Lift Slab Misr) posted on Wednesday a net profit of EGP 39,400 for fiscal year 2016, compared to a net loss of EGP 1.4 million for FY15. The company will hold an ordinary general …

Cairo – Mubasher: The Egyptian Co. For Construction Development (Lift Slab Misr) said it signed an MoU with Arab Contractors Co. to implement joint projects inside and outside Egypt. Lift Slab Misr was awarded earlier works worth EGP 22 million in …

Cairo – Mubasher: The Egyptian Company for Construction Development (Lift Slab) on Monday announced being awarded EGP 22 million ($1.17 million) worth of construction works in Egypt’s New Capital. The awards are part of the first stage of a …

Cairo – Mubasher: The Egyptian Co. For Construction Development (Lift Slab Misr) said its board of directors gave a nod to split the company’s stock at 1:2. Following the stock split, the company’s par value will be reduced from EGP 10 per share …

Cairo – Mubasher: Cairo – Mubasher: The Egyptian Company for Developing Building Materials’ (LIFT SLAB) said its board of directors approved both stock split and capital increase. The company noted that it resorted to these decisions as …

Cairo – Mubasher: The Egyptian Company for Developing Building Materials’ (LIFT SLAB) reported net profits of EGP 722,910 for the third quarter of 2016. The company reported net losses of EGP 118,200 for the same period of the previous year. As …

Cairo – Mubasher: The Egyptian Company for Developing Building Materials’ (LIFT SLAB) said it expects sales value amounts to EGP 115 million from its project in Marsa Matrouh. The company will collect EGP 57.5 million, representing 50% of the …

Cairo – Mubasher: The Egyptian Company for Developing Building Materials’ (LIFT SLAB) board approved to inject EGP 345 million investments LIFT SLAB is studying the expansion in Saudi Arabia in Makkah with a total investments of EGP 25 million, …

Cairo - Mubasher: The Egyptian Stock Exchange approved on Wednesday the request of three companies to increase their capital. EGX announced listing the increased capital of the Egyptian Company for Developing Building Materials (LIFT SLAB) …

Cairo – Mubasher: The Egyptian Company for Developing Building Materials (LIFT SLAB) on Monday reported turning a profit in the first six months of 2016. The company achieved a net profit of EGP 93,700 ($10,550) in H1-16 against a loss of EGP 2.3 …

Cairo - Mubasher: The Egyptian Company for Developing Building Materials (LIFT SLAB) said it works on reaching contracts with total value amounts to EGP 250 million by the end of 2016, through seizing two projects The firm said the value of the …