Cairo – Mubasher: Prime Securities has announced that Moon Capital Partners Master and Moon Capital Partners Master Fund have increased their stakes in Global Telecom Holding (GTH) to 5.01% from 4.99%.

Moon Capital Partners has bought 632,000 shares, while Moon Capital Partners Master Fund acquired 168,000 shares in consideration of a collective amount of EGP 3.2 million, according to a bourse statement.

Earlier in July, GTH revealed that it hired KAMCO Investment Company and Fincorp Investment Holding as independent certified financial advisors by the Financial Regulatory Authority (FRA) to issue reports related to the purchase offer presented by VEON.