Shareholder raises stake in Ehypt's Mansourah Poultry
As a result, the shareholder’s stake in the company has been raised to 5.814% from 4.326%
Traders work at the Egyptian stock exchange in Cairo.
REUTERS/Mohamed Abd El Ghany
By Staff Writer, Arab Finance
Egypt - Mansourah Poultry (MPCO) announced that its shareholder Saif Mahomud Hassan Gab Allan has purchased 6.04 million shares in the company, according to a filingto the Egyptian Exchange (EGX).
As a result, the shareholder’s stake in the company has been raised to 5.814% from 4.326%.
The total value of the transaction amounted to EGP 9.50 million, equivalent to EGP 1.52 per share.
Mansoura Poultry is an Egypt-based public shareholding company specialized in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.
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