ArabFinance: International Company for Medical Industries(ICMI) announced that shareholder Mahmoud Mohamed Shaaban Selim has raised his stake in ICMI to 13.87% from 5.99%, according to a shareholding disclosure filed to the Egyptian exchange (EGX).
This came after the shareholder purchased 6.55 million shares in the company.
The transaction has been carried out at a total value of EGP 6.71, equivalent to EGP 1.025 per share.
Established in 2004, ICMI operates within the health care equipment and services sector focusing on health care equipment.
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