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EGX to open OPR market for Arabian Rocks Plastic 18 December

EGX to open OPR market for Arabian Rocks Plastic 18 December
he minimum amount of asks should be no less than 10,000 shares - Photo Credit: Mubasher

Cairo – Mubasher: The Egyptian Exchange (EGX) will open the OPR market to place the sell and buy orders on Arabian Rocks Plastic Industries during 18-22 December, according to a bourse filing on Thursday.

The company decided to offer 20% of share capital at 30 piasters per share with an estimated total value of EGP 6 million, said EGX administration.

The bourse stipulated that the minimum amount of asks should be no less than 10,000 shares. Moreover, brokerage firms have to pay a 25% deposit of the total requested shares’ value.