ArabFinance: Heliopolis Housing (HELI) has extended the period of receiving the proposals from the companies, which target to administrate the company, to February 21, 2020.

Extraordinary General Assembly (EGM) ratified on November 23, 2019, hiring strategic partner, with proven experience in construction development and real estate investment, to administrate the company.

The period of the strategic partner for the administration has been extended from 7 years to 10 years, according to the company statement on Jan. 05, 2020.

Read More: Heliopolis Housing oks cash dividends of EGP 44.5M to shareholders

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