_1777352142843_145525226.png&w=64&q=75){kind=small}
MNT shares now listed on Egypt Exchange
MNT - Now launched its first trading session on the Egyptian Stock Exchange after successfully completing the initial public offering. The company's capital amounts to 160 million Egyptian pounds, divided into 1.6 billion shares with a nominal value of 10 piastres each. A 20% stake (equivalent to 320 million shares) was offered, resulting in an estimated market value of approximately 39.2 billion Egyptian pounds. This listing is a significant milestone that reflects investor confidence in the company and underscores the stock exchange's role as an effective platform for financing sustainable growth for businesses. It also enhances transparency and market attractiveness for major investments. This achievement crowns an innovative business model based on technology and financial services, aiming to expand financial access and achieve economic growth.
Notice: This Is an AI-Generated Summary
Comments (0)