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Thndr Claps » EGY Claps » IPO Watch 👀 » EGX Approves Listing Shares of Nahr Al Khair for Development✅

EGX Approves Listing Shares of Nahr Al Khair for Development✅

by Shams Abbas
December 29, 2021

The EGX approved the listing of Nahr Al Khair for Development’s shares.

More Details🧐 Nahr Al Khair’s EGP 200 million paid capital will be divided over two billion shares at a nominal value of EGP 0.10/share. The company can be found under the ticker (KRDI), & will be listed on EGX’s database starting Sunday, January 2nd, 2022.

Trading on the company’s shares will start after publishing the disclosure report for the purpose of trading.

Why is this Important🤔 The EGX will also determine the opening price & the first day of trading on KRDI, once financial statements & a fair value study are submitted.

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