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Osool OGM approves netting contracts

Osool OGM approves netting contracts
The Egyptian Exchange (Photo credit: Mubasher)

Cairo – Mubasher: Osool ESB Securities Brokerage’s ordinary general meeting has approved the signing of netting contracts with Osool Holding to receive banking facilities.

The banking facilities are guaranteed by Osool Holding’s listed securities with a market value exceeding EGP 300 million, according to a bourse filing released on Monday.

Osool Holding for Financial Investment owns an 86.42% stake in Osool ESB Securities.

The OGM also approved contracts with Windsor Barrett Management Consulting.