Egyptian Starch and Glucose (Egyptian Starch & Glucose) News - Mubasher Info
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Egyptian Starch and Glucose (ESGI)

Last update: 16 March 2022 00:16 PM market time.
3.21
-0.79
-19.70%
Open 4.01
Previous Close 4.01
High 3.22
Low 3.01
Stock Statistics
Volume 1,097
Turnover 3,524.15
All data are 15 minutes late during market session

News

The transaction involved the purchase of 498,323 shares
27 April 2021 00:18 PM Egyptian Starch and Glucose buys shares of investors against voluntary delisting
Cairo – Mubasher: The Egyptian Exchange (EGX) said that Egyptian Starch and Glucose executed a transaction to buy the shares of owners who are negatively affected by the voluntary delisting decision. The transaction involved the purchase of …
The sales retreated to EGP 803.68 million last year
7 April 2021 01:35 PM Egyptian Starch and Glucose's loss widens 212% in 2020
Cairo – Mubasher: The Egyptian Starch and Glucose incurred net losses of EGP 52.99 million in 2020, up by 211.7% year-on-year (YoY) from EGP 17 million. The sales retreated to EGP 803.68 million last year from EGP 946.02 million in 2019, the …
The assessment is required in procedures to delist the company’s shares
5 October 2020 01:33 PM Egyptian Starch and Glucose hires financial advisor for FV assessment
Cairo – Mubasher: The board of directors of the Egyptian Starch and Glucose decided to appoint Baker Tilly Wahid Abdel Ghaffar & Co as an independent financial advisor to study and determine the fair value (FV) of the company’s shares. The FV …
The transaction was executed at a price of 8.6 per share
12 May 2020 00:32 PM Americana Group, Cairo Poultry complete sale of Egyptian Starch & Glucose
Cairo – Mubasher: The Egyptian Company for International Touristic Projects  (Americana Group) and Cairo Poultry announced the completion of sale of the Egyptian Starch and Glucose to Cairo Three A for International Industries. On 11 May, …
The transaction involved 48.81 million shares
11 May 2020 02:42 PM EGX executes MTO on Egyptian Starch & Glucose at EGP 420m
Cairo – Mubasher: The mandatory tender offer (MTO) submitted by Cairo Three A for International Industries for the acquisition of Egyptian Starch and Glucose was executed on the Egyptian Exchange (EGX) at a value of EGP 420.26 million. The …
Cairo Three A offered to buy Cairo Poultry’s stake in the Egyptian Starch and Glucose
6 May 2020 11:33 AM Cairo Poultry’s shareholders approve Cairo Three A’s final offer
Cairo – Mubasher: The ordinary general meeting (OGM) of Cairo Poultry approved the board’s decision to accept the purchase offer submitted by Cairo Three A for International Industries to acquire the former’s stake in the Egyptian Starch and …
The MTO includes the purchase of up to 50.077 million shares
26 April 2020 03:46 PM Egyptian Starch & Glucose approves Cairo Three A’s MTO
Cairo – Mubasher: The board of directors of the Egyptian Starch and Glucose approved the acquisition offer submitted by Cairo Three A for International Industries. Cairo Three A offered to buy the shares of major shareholders, totalling 50.077 …
The MTO includes the purchase of up to 50.077 million shares
26 April 2020 11:29 AM Cairo Three A gets FRA's approval on MTO to acquire Egyptian Starch & Glucose
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved a request to publish the mandatory tender offer (MTO) submitted by Cairo Three A for International Industries to acquire the Egyptian Starch and Glucose. The MTO includes …
The company will distribute EGP 23.12 million as cash dividends
12 April 2020 03:47 PM Americana Group approves Cairo Three A’s offer, 2019 dividends
Cairo – Mubasher: The ordinary general meeting (OGM) of the Egyptian Company for International Touristic Projects (Americana Group) approved Cairo Three A for International Industries’ offer to buy its stake in the Egyptian Starch and Glucose. …
The decision is still pending shareholder approval
12 April 2020 00:58 PM Cairo Poultry’s board approves Cairo Three A’s final offer
Cairo – Mubasher: The board of directors of Cairo Poultry approved the final offer submitted by Cairo Three A for International Industries for 13.65 million shares in the Egyptian Starch and Glucose. The decision is still pending the approval of …
Shareholders will disclose their stand on the offer on 9 April
8 April 2020 01:07 PM Cairo Three A offers to buy Egyptian Starch & Glucose at EGP 8.5/shr
Cairo – Mubasher: The major shareholders of the Egyptian Starch and Glucose have received a final offer to sell their shares in the company.   Cairo Three A for International Industries has offered to buy the stakes of Americana Group for Food and …
The offer is valued at EGP 450-510 million
3 February 2020 11:33 AM Americana, Cairo Poultry approve bid for stake in Egyptian Starch & Glucose
Cairo – Mubasher: The board of directors of the Egyptian Company for International Touristic Projects (Americana Egypt) has accepted the offer submitted by Cairo Three A for International Industries to sell its interest in the Egyptian Starch and …
Cairo Poultry will announce its stance on the offer no later than 6 February
2 February 2020 02:28 PM Cairo Three A offers to buy Cairo Poultry’s stake in Egyptian Starch & Glucose
Cairo – Mubasher: Cairo Three A for International Industries has submitted a binding letter offer letter to acquire 13.654 million shares owned by Cairo Poultry in the Egyptian Starch and Glucose. The offer is valued at EGP 450-510 million with a …
The offer is valued at EGP 450-510 million
2 February 2020 11:30 AM Americana Egypt gets offer to sell stake in Egyptian Starch & Glucose
Cairo – Mubasher: Cairo Three A for International Industries has submitted a binding offer letter to purchase 11.636 million shares owned by the Egyptian Company for International Touristic Projects (Americana Egypt) in the Egyptian Starch and …
Adeptio currently owns a stake of 93.4% in Americana
10 April 2018 04:11 PM Egypt’s Financial Supervisory exempts Adeptio from takeover deal
Mubasher: Kuwait Food – Americana announced that Adeptio AD Investments has submitted a request to the Egyptian Financial Supervisory Authority to exempt it from proposing a compulsory takeover of Americana’s subsidiaries in Egypt. The Egyptian …
Profits reached EGP 12.89 million in H1-16/17
12 July 2017 01:48 PM Egyptian Starch profits fall 51%
Cairo – Mubasher: Egyptian Starch and Glucose posted on Wednesday a year-on-year decline of 51% in its profits for the first half of fiscal year 2016/2017. Profits reached EGP 12.89 million in H1-16/17, compared to EGP 26 million for H1-15/16, …
(Photo credit: Arabianeye - Reuters)
13 March 2017 10:29 AM Egyptian Starch OGM OKs delaying dividends
Cairo – Mubasher: Egyptian Starch and Glucose Company said Monday that its ordinary general meeting (OGM) has approved to postpone distributing cash dividends for fiscal year 2016, to maintain safe cash flow levels. The OGM adopted the financial …
(Photo credit: Arabianeye - Reuters)
23 February 2017 10:56 AM Egyptian Starch OGM to discuss selling store 12 March
Cairo – Mubasher: Egyptian Starch and Glucose said Thursday that it will hold its ordinary general meeting (OGM) on 12 March to discuss the sale of a store in Tura, Cairo. Furthermore, the OGM will discuss cash dividends recommended for fiscal …
(Photo credit: Arabianeye - Reuters)
20 February 2017 11:25 AM Egyptian Starch to hold OGM 12 March
Cairo – Mubasher: Egyptian Starch and Glucose said Monday that its ordinary general meeting (OGM) will be held on 12 March to discuss cash dividends recommended for fiscal year 2016. The OGM will also look into the board and auditor’s reports on …
the company earned EGP 27.49 million - Photo Credit: Reuters
17 October 2016 10:52 AM Egyptian Starch profits down 78% in Q3
Cairo – Mubasher: Egyptian Starch and Glucose said Monday that its net profit for the third quarter declined 78% year-on-year to EGP 1.49 million from EGP 6.9 million, according to a bourse filing. Over the first nine months, the company earned …
Photo Credit: Arabianeye - Reuters
2 March 2016 04:27 PM Record date for Egyptian Starch cash dividend 14 March
Cairo - Mubasher: Egyptian Starch and Glucose said shareholders of record until 14 March would be entitled to its cash dividends of EGP 0.82 per share. The company will start distributing the dividends as of 17 March. Raya Holding saw an increase …
Photo Credit: Arabianeye - Reuters
18 January 2016 01:56 PM Egyptian Starch profits climb 50% in 2015
Cairo – Mubasher: Egyptian Starch and Glucose Co. registered an increase of 50.26% in net profits for 2015.  The firm posted net profits of EGP 45.08 million in 2015, up from EGP 30 million in the previous year. On contrary, the company’s topline …
Photo Credit: Arabianeye - Reuters
22 December 2015 11:24 AM Record date for Egyptian Starch par value reduction 27 Dec
Cairo – Mubasher: The Egyptian Starch and Glucose said Tuesday that record date for stock par value reduction to EGP 8.3 from EGP 10 was set at 27 December. The company earlier filed with the Egyptian Exchange for approving an increase in …
Photo Credit: Arabianeye - Reuters
14 December 2015 10:43 AM Egyptian Starch files with EGX for capital hike
Cairo – Mubasher: The Egyptian Starch and Glucose has filed with the Egyptian Exchange for approving an increase in authorised and issued capital after merging with Cairo Starch and Glucose. The company’s extraordinary general meeting earlier …
Photo Credit: Arabianeye-Reuters
13 October 2015 00:41 PM Egyptian Starch profits up 6.1% in 9 months
Cairo - Mubasher: Egyptian and Glucose Co. registered an increase of 6.1% to EGP 32 million in net profits for the first nine months of 2015, compared with EGP 30.1 million for the same period of the previous year. The firm saw gross profit of EGP …