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EFG Hermes completes advisory on Al Arafa Investment’s demerger

EFG Hermes, EFG Holding’s investment arm, has successfully concluded advisory on the demerger of Al Arafa for Investment and Consultancies into Concrete Fashion Group for Commercial and Industrial Investments (Concrete) and Gtex for Commercial and Industrial Investments (Gtex).

Updated 3/24/2024 11:13:00 AM
Al Arafa for Investment’s board gives preliminary approval to horizontal demerger

Al Arafa for Investment and Consultancies’ (AIVC) board gave preliminary approval to the company’s demerger into two companies horizontally with the same shareholders and contribution percentage based on their book value.

Updated 7/25/2023 9:18:00 AM
FRA greenlights trading on A Capital Holding’s shares in EGX

The Financial Regulatory Authority (FRA) has approved starting trading on A Capital Holding’s 902,789,840 shares, a demerged firm from Amer Group Holding (AMER).

Updated 5/10/2023 11:52:00 AM