Thndr Claps » EGY Claps » EGX 🔔 » MB Engineering wants to be part of the big leagues🏗
The ClapLooks like MB Engineering (MBEN), which manages seven subsidiaries within the Industrial, commercial & logistics sectors, is looking to upgrade from the SME market to the EGX.
WhatThis move was originally planned for 2022, but rough market conditions caused a bit of a delay.
So whatTo make the leap to the main market, they’re going to need to beef up their capital from the current 33 million Egyptian pounds to 100 million.
Now whatThe company is looking at Q1-2023 to execute this move.
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