ArabFinance: Insurance Fund of Suez Canal Authority Employees has raised its stake in Mansourah Poultry (MPCO) to 9.60% from 8.70%, according to a filing to the Egyptian Exchange (EGX).
The fund has purchased 3.25 million shares in the company at an average price of EGP 1.18 per share.
The total value of the transaction stood at EGP 3.83 million.
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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