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South Valley Cement has $5.333 m in Abraaj Group

South Valley Cement has $5.333 m in Abraaj Group

ArabFinance: South Valley Cement (SVCE) reported in a statement sent to EGX, that according to the latest financial results for the fiscal period ending December 2017, the company has $5,333,333 investments in Abraaj Capital, in the form of shares- available for sale.

The company asserted the Abraaj Group issue has no negative impact on its financial results till now, noting it will keep the market informed of any updates on the matter.

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