ArabFinance: International Company for Medical Industries (ICMI) has denied the recently published news on one of the newspaper claiming that ICMI is in talks with a number of banks to obtain a loan worth EGP 15 million, according to a statement filed to the Egyptian Exchange (EGX).
The company has not informed any news agency with specific figures.
It is worth noting that ICMI’s board of directors previously approved the arrangement of the required financing to import production lines within the framework of the company’s plan.
The company will reveal the amount of any financing it gets for importing the production lines once its determined.
Established in 2004, ICMI operates within the health care equipment and services sector focusing on health care equipment.