ArabFinance: Alexandria New Medical Center (ANMC) said Tawasol Holdings for Financial Investment purchased a 25.92% stake in the former, according to the company's disclosure.

ANMC bought 3,700,000 shares at EGP 24.30 per each, with a total amount of EGP 89,910,000.

The company posted a net profit after tax stood at EGP 15,743,451 in the January-September period of 2020, a 24% decline from EGP 20,817,307 achieved in the prior-year period.

The company decided to distribute a 0.08333 free share for each one held on September 17th to the shareholders recorded on September 16th.

ANMC is an Egypt-based public shareholding company engaged in the provision of medical diagnostic and treatment services in various medical fields.

The company focuses on the operation of a hospital, which consists of a range of medical specializations, including gynecology, general surgery, and pediatrics, among others.

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