01
Dec
13:38
Solb Misr waits till H2 2016 for IPO
Solb Misr will wait until at least the second half of 2016 to float 20% of its shares on the Cairo Stock Exchange. This is because of the current liquidity shortage on the domestic stock market, the company’s chairman, Gamal El-Garhy, tells Amwal Al Ghad.
A source close to the Egyptian long steelmaker told Kallanish in March the firm was evaluating an investment of EGP 1.6 billion ($209 million) to expand production (see Kallanish 27 March). However, this …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous