Prime Holding
PRMH
-1.24%
0.73
-0.01
PRMH
Cairo – Mubasher: Sum Investments Company said Monday that it plans to expand its ownership base via raising the company’s capital and attracting new value-added investors on both strategic and operational levels.
Last Thursday, Sum Investments had raised its stake in Prime Holding from 22.89% to 26%.
Sum added that it seeks to work alongside Prime Holding’s board of directors to consider expansion plans in local and regional markets, according to a bourse filing.
Prime Holding’s stock rose on Sunday by 1.87% to EGP 4.91.
Source:
Mubasher