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Heliopolis Co for Housing and Development SAE (HELI.CA)

HELI.CA on The Egyptian Exchange

27.70EGP
15 Oct 2019
Change (% chg)

£0.39 (+1.43%)
Prev Close
£27.31
Open
£27.79
Day's High
£28.09
Day's Low
£27.46
Volume
3,069,132
Avg. Vol
765,698
52-wk High
£29.20
52-wk Low
£14.70

Latest Key Developments (Source: Significant Developments)

Heliopolis Shareholders Approve To Hand Over Management Of Co To A Specialized Company
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::SHAREHOLDERS APPROVE IN PRINCIPAL TO HAND OVER CO'S MANAGEMENT TO A SPECIALIZED COMPANY IN REAL ESTATE INVESTMENT AND DEVELOPMENT.APPROVAL GUIDED BY BASIC TERMS OF CONTRACT RELATED TO ACQUISITION OF 10% STAKE OF CO UNDER OFFERING OF UPTO 25%.  Full Article

Egypt's Heliopolis FY Profit Rises
Sunday, 25 Aug 2019 

Aug 25 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::FY NET PROFIT AFTER TAX EGP 376.4 MILLION VERSUS EGP 265.3 MILLION YEAR AGO.FY REVENUE EGP 1.08 BILLION VERSUS EGP 954.5 MILLION YEAR AGO.  Full Article

Heliopolis Will Auction Lease Contract For Show Land And Merryland Children Garden
Thursday, 18 Jul 2019 

July 18 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::WILL AUCTION LEASE CONTRACT FOR SHOW LAND AND MERRYLAND CHILDREN GARDEN.  Full Article

Egypt's Heliopolis Sells Plots Worth EGP 66.7 Mln In Sheraton Area
Monday, 17 Jun 2019 

June 17 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::SAYS TOTAL SALE FINALIZED ON JUNE 17 AUCTION FOR SALE OF SHERATON PLOTS IS EGP 66.7 MILLION.  Full Article

Egypt's Heliopolis Clarifies On Agreement With Private Firm To Manage Co
Wednesday, 12 Jun 2019 

June 12 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::MINISTRY OF PUBLIC BUSINESS SECTOR DENIES NEWS ON AGREEMENT WITH A PRIVATE EQUITY COMPANY TO MANAGE COMPANY.MINISTRY, HOLDING COMPANY FOR CONSTRUCTION AND DEVELOPMENT APPROVED IN PRINCIPAL THE IDEA TO OFFER MANAGEMENT CONTRACT TO A COMPANY.MINISTRY, HOLDING COMPANY FOR CONSTRUCTION AND DEVELOPMENT CONFIRM OFFERING 22% OF CO'S SHARES IN STOCK MARKET.HALF OF 22% OF CO'S FLOATED SHARES TO BE OFFERED TO MAIN INVESTOR.  Full Article

Egypt's Heliopolis Forecasts FY 2019-2020 Profit EGP 1.13 Bln
Sunday, 2 Jun 2019 

June 2 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT SAE ::SEES FY 2019-2020 NET PROFIT EGP 1.13 BILLION; REVENUE EGP 3.08 BILLION.  Full Article

Egypt's Heliopolis Updates On New Heliopolis City Land
Sunday, 21 Apr 2019 

April 21 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::EGYPTIAN PRESIDENT AMENDED PREVIOUS DECISION THAT GRANTED CO NEW HELIOPOLIS CITY LAND PLOT IN EXCHANGE FOR CAIRO AIRPORT LAND.AMENDMENT ENTAILS HELIOPOLIS HOUSING PAYING VALUE EQUIVALENT TO 0.71 MILLION SQM USING EGYPT'S NEW URBAN COMMUNITIES AUTHORITY'S ESTIMATED VALUE FOR LAND.THIS MEANS THAT THERE IS NO FURTHER DEBATE ON LAND OF HELIOPOLIS.  Full Article

Egypt's Heliopolis Updates On Land Sale In Sheraton Area
Monday, 15 Apr 2019 

April 15 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::UPDATES ON ANNOUNCEMENT TO SELL PIECE OF LAND THROUGH AUCTION IN SHERATON AREA.SAYS AUCTION HAS BEEN POSTPONED DUE TO SOME POSITIVE AMENDMENTS IN BUILDING CONDITIONS BY CAIRO GOVERNMENT.CHANGE OF LAND USE FROM RELIGIOUS TO COMMERCIAL / ADMINISTRATIVE .INCREASE NUMBER OF APPROVED FLOORS FROM GROUND FLOOR AND 5 FLOORS TO GROUND FLOOR AND 6 FLOORS.APPROVE INCREASE OF NUMBER OF BASEMENTS FROM ONE TO TWO.INCREASE TOTAL BUILT UP AREA.FROM THIS PERSPECTIVE A NEW VALUATION IS CURRENTLY IN PROCESS.  Full Article

Egypt's Heliopolis Forecasts 2019-20 Profit Of EGP 1.13 Bln
Friday, 29 Mar 2019 

April 1 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::SEES FY 2019-2020 PROFIT FOR DISTRIBUTION EGP 1.13 BILLION.SEES FY 2019-2020 TOTAL REVENUE EGP 3.12 BILLION.SEES FY 2019-2020 INVESTMENT PLAN EGP 641.5 MILLION.  Full Article

Egypt's Heliopolis H1 Profit Falls
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::H1 NET PROFIT AFTER TAX EGP 48.6 MILLION VERSUS EGP 59.2 MILLION YEAR AGO.H1 REVENUE EGP 383.4 MILLION VERSUS EGP 309.7 MILLION YEAR AGO.  Full Article