The board of the Egyptian Modern Education Systems intends to request trading on the Egyptian Exchange’s (EGX) main market once the capital hike process is finalized, according to a January 11th disclosure.
Modern Education Systems currently trades on the small and medium-sized enterprises market of the EGX.
The company has received the Financial Regulatory Authority’s approval to raise its capital to EGP 110 million.
Modern Education Systems is the owner of Egypt’s Millennium Language Schools.
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