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EGX opens OPR for Nile City Investment before delisting

EGX opens OPR for Nile City Investment before delisting

ArabFinance: The EGX announced the opening of the special operations system (OPR) for five days as of April 20th for the registration of sale and purchase orders on Nile City Investments (NCIN) at a price of EGP 776.3/share, according to a released disclosure on April 20th.

This comes in accordance with the delisting process of the company’s shares from the EGX as per the provisions of Articles 53 and 53 bis.

Nile City Investment is an Egypt-based public shareholding company engaged in the real estate development and investment sector. It invests in real estate developments, mainly residential, commercial, and administrative unit buildings.

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