Shareholder ups stake in Naeem Holding

Cairo - Mubasher: Youssef Mohamed Medhat Youssef El-Far has increased his stake in Naeem Holding for Investment to 30.24% from 29.91%.

The shareholder accordingly bought 1.15 million of Naeem Holding’s shares at a value of EGP 208,010 or an average share price of EGP 0.18, according to a bourse disclosure on Wednesday.

Naeem Brokerage acted as a broker in the transaction.

It is worth pointing out that during the first half (H1) of 2022, Naeem Holding registered net profits of $2.80 million, against losses of $1.27 million in the year-ago period, including minority shareholders’ rights.

Mubasher Contribution Time: 21-Sep-2022 13:21 (GMT)
Mubasher Last Update Time: 21-Sep-2022 13:25 (GMT)