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EGX resumes trading on GTH

EGX resumes trading on GTH
The OGM will be held on 15 November to extend the maturity date of the $100 million revolving credit facility from VEON
Global Telecom
GTHE
-2.17% 1.80 -0.04

Cairo – Mubasher: The Egyptian Exchange (EGX) has resumed trading on Global Telecom Holding’s (GTH) stock after the company revealed the invitation of the ordinary general meeting (OGM) and the extraordinary general meeting (EGM).

The OGM will be held on 15 November to extend the maturity date of the $100 million revolving credit facility from VEON, which is due on 30 November,  GTH highlighted.

The company also said it is set to discuss the amendment of article 7 and 68 of the company’s Article of Association.

Last Sunday, 14 October, the EGX suspended trading on GTH’s stock until the company reveals the fair value (FV) of its assets.