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Thndr Claps » EGY Claps » IPO Watch 👀 » Sky Holding to Establish New Company with Plans to List on EGX🏢

Sky Holding to Establish New Company with Plans to List on EGX🏢

by Shams Abbas
November 8, 2021

Sky Holding Group, which operates in the industrial & contracting sectors, plans to establish a new company with future plans of listing on the EGX.

More details🧐 Company CEO Eng. Khaled Shaddad said the group has issued capital of almost EGP 100 million, & owns nine companies in different industrial sectors. The percentage that will be offered from the new company on the stock exchange is about 30%.
The new company will acquire stakes in the group’s operating companies before listing on the EGX.

Sky Holding overview🤔 Sky Group was established in 2015 through the merger of nine companies operating in the fields of construction, infrastructure, electromechanical contracting, financial & administrative consultancy, & import/export of security & safety equipment.

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