Madinet Nasr for Housing (MNHD) will be eliminating any activities from their business purposes that it doesn’t engage in, in an effort to shift full focus on real estate development & investment.
More Details🧐 Activities that MNHD will be eliminating include consulting, designing, supervising the implementation for others, & building factories & workshops.
Why is this Important🤔 The FRA recently approved MNHD capital increase request by EGP 374.4 million, bringing its total capital to EGP 1.872 billion at a subscription price of EGP 1/share.
MNHD closed 2.99% in the green at the end of Wednesday’s trading session.
