CI Capital hires advisor to assess Souhoola's FV

During its meeting, the board discussed the investment alternatives for Souhoola

  
Cairo - Mubasher: The board of directors of CI Capital Holding For Financial Investments decided to hire Karvy Financial Advisory Services as an independent financial advisor to assess the fair value (FV) of its subsidiary CI Consumer Finance - Souhoola.

During its meeting, the board discussed the investment alternatives for Souhoola, CI Capital said in a bourse disclosure on Thursday.

In the first quarter (Q1) of 2021, CI Capital Holding For Financial Investments logged consolidated net profits of EGP 3.28 million, down from EGP 101.86 million in Q1-20, including minority shareholders' rights.

Source: Mubasher

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