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The total value of the shares’ sale transaction amounted to EGP 19.033 million.
As a result, the shareholder’s stake in Real Estate Egyptian Consortium fell to 14.28% from 15.07%.
The transaction has been executed by Beltone Securities Brokerage.
Real Estate Egyptian Consortium is an Egypt-based public shareholding company engaged in the real estate investment sector. The company focuses on real estate development and general building contracts, such as the construction of hotels and touristic villages, housing complexes, among others.
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