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El-Nasr for Manufacturing BoD okays selling untapped land

El-Nasr for Manufacturing BoD okays selling untapped land

Arab Finance: El-Nasr for Manufacturing Agricultural Crops' (ELNA) the Board of Directors (BoD) that convened on June 03, 2019, approved selling Sohag plant's land in public auction as it's considered untapped assets.

The company has intended to utilize the revenue selling Sohag plant's land in operating Beni Suef plant and repaying the sovereign debts according to Financial Regulatory Authority's (FRA) rules.

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