Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » Health & Pharma 👩‍⚕️ » What’s Going On With Speed Medical?😬

What’s Going On With Speed Medical?😬

by Shams Abbas
December 8, 2021

Speed Medical (SPMD) is down 32% over the past two trading sessions. Here are the company’s recent developments:

Four days ago4️⃣ SPMD released a statement denying the rejection of an EGP 20 million settlement regarding the company’s abandonment of the acquisition of Prime Speed Labs.

Two days ago2️⃣ SPMD released another statement stating, “Regarding the rumors circulating on social media platforms regarding investigations with the Chairman of the Board of Directors [Mahmoud Lashin] of the company, Speed Medical denies all these rumors, & that he is currently in his office & doing his work normally.”

Yesterday1️⃣ the company released a disclosure stating that Lashin sold EGP/49.44 million worth of SPMD shares at an average price of EGP 1.495/share. The sale decreased his stake in the company by almost 3%, from 27% to 24%.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

EGX 🔔

20+ new companies on the EGX in 2023?

by Shams Abbas
February 2, 2023
EGX 🔔

EGX30 reaches its highest level in five years

by Shams Abbas
January 30, 2023
EGX 🔔

EGX30 sees new joiners & departers

by Shams Abbas
January 30, 2023
Health & Pharma💉

Ibn Sina signs medicine distribution agreement

by Shams Abbas
January 29, 2023
HCCD negotiating with Gulf authorities to sell lands
Health & Pharma💉

B Investments & the Sovereign Fund of Egypt ready to invest in healthcare

by Shams Abbas
January 24, 2023
EGX 🔔

CI Capital plans to co-establish new equity fund

by Shams Abbas
January 23, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)