ArabFinance: Golden Coast Company (GOCO) stated that Mohamed Hamed cut his stake in the company capital from 15.12% to 13.04%, according to the company's October 25th statement filed to the Egyptian Exchange.
Hamed sold 343,100 shares at EGP 21.34 per each, with a total amount of EGP 7,321,307.
In early July, the company’s board of directors decided to split the stock's par value from EGP 4 to EGP 0.40 per share.
Established in 2004 and listed on EGX in 2013, Golden Coast operates within the consumer services sector, focusing on hotels, resorts, and cruise lines.
