Cairo - Mubasher: The Egyptian Exchange (EGX) approved the listing of City Trade in the Nile Stock Exchange (Nilex), with a capital of EGP 27 million.
The EGX said in a statement on Wednesday that the listing committee has approved the listing of the company’s stocks, with capital distributed over 270 million shares, with a par value of EGP 0.1 per share.
The decision will be effective beginning Thursday’s session, with the committee granting the company a six-month period to complete all of the listing requirements.