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EIPICO seeks regulatory approval on buying shares in Egy Lease’s unit

EIPICO seeks regulatory approval on buying shares in Egy Lease’s unit

ArabFinance: The Egyptian International Pharmaceutical Industries Company's (EIPICO) (PHAR) board held a meeting on June 25, 2019, as per a Wednesday bourse filing.

The board approved contacting the Financial Regulatory Authority (FRA) and submitting a proposal to the EGX Market Operations Committee to obtain the approval on purchasing 4.78 million shares of the offered shares of Egy Lease company’s stake in a subsidiary company.

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