Edition:
India

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. 

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