ArabFinance: Golden Coast Company (GOCO) stated that Ali Mahogub raised his stake in the company capital from 14.5017% to 16.7630%, according to the company's September 16th statement filed to the Egyptian Exchange.
Mahgoub purchased 387,865 shares at EGP 14.0564 per each, with a total amount of EGP 5,451,990.
In early July, the company’s board of directors decided to split the stock's par value from EGP 4 to 0.40 per share.
Established in 2004 and listed on EGX in 2013, Golden Coast operates within the consumer services sector, focusing on hotels, resorts, and cruise lines.
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