Beltone Financial Holding has signed a letter of intent to acquire Sixth of October Development and Investment Company’s (SODIC) subsidiary SODIC for Securitization, as per a filing sent to the Egyptian Bourse on December 6th.
Beltone will conduct due diligence on SODIC for Securitization after obtaining the Financial Regulatory Authority’s (FRA) required approval.
Once approved, Beltone will announce whether it will acquire the stake directly or indirectly via one of its subsidiaries.
MARKET STATUS: CLOSED
| WADI KOM OMBO LAND RECLAMATION | 118.41 | +17.67% | 16/07 |
| GENERAL CO. FOR LAND RECLAMATION,DEVELOPMENT & RECONSTRU | 39.11 | +12.94% | 16/07 |
| AJWA FOR FOOD INDUSTRIES COMPANY EGYPT | 69.00 | +8.54% | 16/07 |
| MARSEILIA ALMASREIA ALKHALEGEYA REAL ESTATE INVESTMENT | 4.15 | +8.36% | 16/07 |
| MISR CEMENT (QENA) | 18.61 | +7.95% | 16/07 |
| ELSEWEDY ELECTRIC CO SAE | 44.04 | -6.75% | 16/07 |
| ATLAS FOR LAND RECLAMATION AND AGRICULTURAL PROCESSING | 0.47 | -4.08% | 16/07 |
| EL AHLI INVESTMENT AND DEVELOPMENT | 32.12 | -3.51% | 16/07 |
| ASPIRE CAPITAL HOLDING | 0.31 | -3.13% | 16/07 |
| SIX OF OCTOBER DEVELOPMENT & INVESTMENT (SODIC) | 42.07 | -2.80% | 16/07 |
| ORASCOM FINANCIAL HOLDINGS | 0.32 | 82,236,040 | 16/07 |
| AL KHAIR RIVER FOR DEVELOPMENT AGRICULTURAL INVESTMENT | 0.55 | 68,879,606 | 16/07 |
| EGYPTIAN MODERN EDUCATION SYSTEMS | 0.28 | 54,406,141 | 16/07 |
| EGYPTIANS FOR INVESTMENT & URBAN DEVELOPMENT | 0.18 | 48,245,404 | 16/07 |
| ORASCOM INVESTMENT HOLDING | 0.41 | 44,956,175 | 16/07 |
 | BRVM-CI | 234.94 | +1.01% | 16/07 |
 | BSE DCI | 9,380.40 | - | 12/07 |
 | DSE ASI | 2,080.90 | +0.13% | 16/07 |
 | EGX 30 | 27,828.92 | -0.44% | 16/07 |
 | GSE-CI | 4,085.76 | -0.02% | 16/07 |
 | JSE ASI | 81,124.08 | -1.25% | 16/07 |
 | LuSE ASI | 14,498.76 | -0.04% | 16/07 |
 | MASI | 13,456.34 | +0.17% | 16/07 |
 | MSE ASI | 125,398.40 | +0.69% | 16/07 |
 | NGX ASI | 100,075.59 | +0.11% | 16/07 |
 | NSE ASI | 110.23 | +0.09% | 16/07 |
 | NSX OI | 1,783.48 | -2.40% | 16/07 |
 | RSE ASI | 145.50 | - | 12/07 |
 | SEM ASI | 1,931.16 | +0.08% | 16/07 |
 | TUNINDEX | 9,861.22 | +0.20% | 16/07 |
 | USE ASI | 1,044.96 | +0.27% | 16/07 |
 | ZSE ASI | 189.22 | +4.99% | 16/07 |
