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Heliopolis Housing oks floating 25% of shares owned by Holding Co.

Heliopolis Housing oks floating 25% of shares owned by Holding Co.

ArabFinance: Heliopolis Housing’s (HELI) extraordinary general meeting (EGM) approved on August 26 offering up to 25% of the shares owned by the Holding Company for Construction and Development, according to a bourse filing.

The EGM also agreed on allocating 10% to strategic consortium and a real estate development capable of managing the company for 7 years according to the Head of Terms.

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