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Future Care for Medical Industries has moved from the small and medium-sized enterprise market to the main market of the Egyptian Exchange, following its successful capital increase from 57.7 million to 115.2 million Egyptian pounds, with a coverage ratio of 100% and a subscription coverage exceeding 466.76 times. This step marks an important milestone in the company's growth, enabling it to reach a broader investor base and utilize capital market tools to finance expansion plans, develop factories, and increase production capacity in the medical supplies and industry sector. This move also underscores the company's commitment to governance and disclosure standards, with expectations that its market capitalization will approach one billion pounds after listing. The company's transition sends a positive message to the market, supported by the Egyptian Exchange's efforts to develop financing tools and encourage companies to grow and invest.
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