ArabFinance: The Egyptian Exchange (EGX) announced that the price limits of the Egyptian for Construction Development's (Lift Slab) rights issue for the July 8th trading session, according to EGX disclosure.
The limit up is by 46.87% at EGP 1.097, while the circuit breaker upward is 23.44%.
Moreover, the limit down is by 33.19% at EGP 0.035, while the circuit breaker downward is 46.87%.
On June 30th, the EGX operations committee set the opening price of Lift Slab's rights issue in the first trading day at EGP 0.728 per each share.
Lift Slab is engaged in the construction and development of industrial buildings and facilities. The company implements hydraulic driving force technology in constructing roofs, tunnels, pipes, bridges, and other engineering constructions.
Copyright © 2020 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
