< Arab Finance - News - FRA receives request from EHDR regarding MTO on Emerald Real Estate Investment
Count Down to relaunch



FRA receives request from EHDR regarding MTO on Emerald Real Estate Investment

FRA receives request from EHDR regarding MTO on Emerald Real Estate Investment

ArabFinance: The Financial Regulatory Authority (FRA) has received a request from Egyptians for Housing and Development Company (EHDR) to extend the deadline for submitting a mandatory tender offer (MTO) to purchase 90% stake in Emerald Real Estate Investment (EMRI) by 60 working days, according to a statement.

Egyptians for Housing operates in the real estate development and investment sector, with the focus on the businesses of buying, purchasing, dividing, and selling lands, and establishing buildings and facilities.

The company’s business also includes setting up urban expansion projects, residential and commercial complexes, and new township projects.

Established in 2009 and listed in 2020, Emerald is a public company that operates within the real estate sector.

 

#Related keywords

'

Recommended Stocks

13 Jun 2022
Delta Sugar SUGR
Close
13.87
Change
-01.7
Hold

All rights reserved to Arab Finance 2020 ©

Back to top