Cairo - Mubasher: El Wadi for Touristic Investment has negated reports of offering 10% of Sky Light Touristic Development.
It was reported that the Egyptian Exchange (EGX) has approved offering 10% of the company’s shares, of which El Wadi owns 45%, with the total offering standing at EGP 34 million.
The company said in a statement to EGX on Tuesday that reports regarding the offering is not true, as the issue is still being reviewed by the listing committee in the Egyptian Exchange.
