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Release from Six of October Development & Investment (SODIC) (OCDI.CA) Concerning One of its Subsidiaries

SODIC OCDI 4.94% 63.05 2.97
Company Name : Six of October Development & Investment (SODIC)
ISIN Code : EGS65851C015
Reuters Code : OCDI.CA
Content :
Release from the company regarding its subsidiary (Sixth of October Development and Real Estate Projects Company - Sorell) signing a non-binding and exclusive letter of intent with Beltone Promotion and Underwriting Company LLC regarding its desire to potentially acquire, whether by itself or through one of its subsidiary companies, a 100% percentage of the issued shares of Sodic Securitization LLC, which is 99% owned by Sorel, provided that all required approvals are obtained in this regard, especially the approval of the Financial Supervision Authority to conduct a due diligence examination.

Release from the Company in Arabic & English (83 KB)
Statement from the company