Sahara Group has neither submitted the required documents nor presented the foreign technical partner that will offer the development and reform plan, the steel manufacturer said in a bourse disclosure on Wednesday.
Procedures are underway to list the shares of its mining spinoff in the central registry and appoint a liquidator for the steel plant, Hadisolb added.
During the first half (H1) of FY20/21, Hadisolb suffered net losses of EGP 437.05 million, down from EGP 478.18 million in the prior-year period.
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