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Release from B Investments Holding S . A . E (BINV.CA) Concerning Giza Systems

B Investments Holdings BINV -5.86% 19.11 -1.19
Company Name : B Investments Holding S . A . E
ISIN Code : EGS691T1C010
Reuters Code : BINV.CA
Content :
With regards to B Investments Holding disclosure dated 04/10/2022 concerning the B Investments Holding has finalized the sale of its entire stake in Giza Systems (an indirect stake of 44.7% through Inergia Technologies – a subsidiary of B Investments Holding) to Solutions by STC, a subsidiary of Saudi Telecommunication Company (STC), at a total company Equity Value of USD 119 million, a release was received from the company.

Release from the Company in Arabic (307 KB)
Release from the Company in English (293 KB)
Attachment statement from the company

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