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Thndr Claps » EGY Claps » Real Estate 🏡 » Big merger is in the works 👀

Big merger is in the works 👀

by Omar El Shorafa
September 6, 2022
اندماج في البورصة

The Clap
Egyptians for Housing and Development (EHDR) announced the approval of a major merger of the company with 5 other companies, some of which are listed on the EGX.

The Companies
1. Odin Investment and Development (ODID)
2. Odin for Investment and Real Estate
3. Emerald for Real Estate (EMRI)
4. Emerald Development & Projects Management (EMDE)
5. Edge Development

Why this Matters
The merger of the companies will help the companies gain a larger share of the market, reduce the cost of operations, expand, and record more profits.

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