Hotel group “Pick Albatros” expressed its interest in listing on the EGX but is waiting for market conditions to improve, according to Kamel Abu Ali, Chairman of the group’s BoD.
Abu Ali added that the group is in discussions with its financial advisor, Zilla Capital, regarding this issue.
Zilla Capital said listing on the EGX or private placement for investors is among the solutions that Pick Albatros Group has for financing.
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Other companies are also considering listing their shares on the EGX but waiting for market conditions to improve.
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