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EGX oks delisting of Assiut Islamic Trading's shares

EGX oks delisting of Assiut Islamic Trading's shares

ArabFinance: The Egyptian Exchange’s (EGX) listing committee approved the delisting of the shares of Assiut Islamic National for Trading and Development (AITG) with an issued capital of EGP 66.846 million as of the beginning of the trading session on Wednesday, July 14th, EGX said in a statement.

The decision includes the delisting of 6.68 million shares at a nominal value of EGP 10 per share.

On April 27th, Assiut Islamic’s board of directors approved voluntary delisting from the EGX according to the listing rules.

Assiut Islamic is an Egypt-based public shareholding company engaged in the trade and distribution of building materials and agricultural machinery, and in the transportation sector. It is involved in marketing all types of grains, seeds, and agricultural crops, as well as the sale and export of cotton.

 

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