May 10, 2017 / 8:15 AM / 2 months ago

BRIEF-Palm Hills Developments raises FY sales target to EGP 9.5 bln

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May 10 (Reuters) - Palm Hills Developments Company :

* Expects to finalize second transaction of securitization of receivables within Q2 of 2017 for receivables portfolio of c.EGP 500 million

* Has increased its 2017 full year sales target to EGP 9.5 billion from previously announced EGP 8.5 billion Source:(bit.ly/2q4Ejl5) Further company coverage:

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