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

All Rights Reserved - Mubasher Info © 2005 - 2021 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.