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Cleopatra Hospital okays executing purchasing of Elkatib Hospital

Cleopatra Hospital okays executing purchasing of Elkatib Hospital

ArabFinance: Cleopatra Hospital Group S.A.E. (CLHO) ordinary general assembly (OGM) approved unanimously the Independent Financial Adviser (IFA), Fincorp Company's report of evaluation Elkatib Hospital's land and premises. According to the report, Elkatib Hospital's assets have been evaluated at LE266 million. 

Moreover, the OGM ratified acquisition of Elkatib Hospital and moving its assets and equipment to Cleopatra Hospital Group.

It is worth to mention, the EGM approved on December 03, 2018, amending article No. 21 from articles of association. 

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