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

Thndr Claps » EGY Claps » IPO Watch 👀 » Prime look at plan B regarding Ghazl El Mahallah 🧐

Prime look at plan B regarding Ghazl El Mahallah 🧐

by Omar El Shorafa
August 29, 2022
Claps, IPO

The Clap
Prime Holding (PRMH), the company in charge of Ghazl El Mahallah’s IPO, is looking for a potential strategic investor to increase the company’s capital to EGP 200 million, in order to be listed on the EGX.

The Deets
Mohamed Maher, CEO of Prime Holding, said that Ghazl El Mahallah will increase its capital either through a strategic investor or by waiting for financial statements to be issued for at least two years, noting that the company was established in January 2021.

Background
The subscription period for Ghazl El-Mahalla ended covering only 17.9%.

Strategic Investors
According to Maher, the company received offers from foreign investors who were interested in increasing the company’s capital. Still, Ghazl El Mahallah opted to raise funds through listing on the EGX.

  • 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
IPO Watch 👀

CI Capital & EFG Hermes enter race to advise on upcoming IPO

by Shams Abbas
January 31, 2023
IPO Watch 👀

I-Check eyes 2024 EGX IPO

by Shams Abbas
January 30, 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
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)