REG - Edita Food Ind SAE - Edita Board Resolutions dated 16 Jan 2025

Edita Food Industries SAEAnnouncement

20/01/2025 07:00

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RNS Number : 8585T  Edita Food Industries S.A.E.  19 January 2025

 

 

 

Edita Food Industries - Summary of Resolutions of the Board of Directors
Meeting of the company convened on Thursday dated 16/1/2025.

 

Giza, 19 January 2025

 

Edita Food Industries S.A.E. ("the Company") announces that the Board of
Directors Meeting of the Company convened on Thursday dated 16/1/2025 and
unanimously resolved the following resolutions:

1)   Approved the minutes of the previous Board of Directors Meeting No.
(193) dated 25/11/2024.

2)   Approved the expansion plan of the Company in Iraq. This expansion is
carried out through one of the Company's subsidiaries by way of incorporating
a holding company in the United Arab Emirates("UAE"). Furthermore, the holding
company, will be injecting new investments in Tuama Jebur Abbass General
Trading, Food Contracting and Supply Company in the state of Iraq. the
investment value is estimated at C. 8 million US dollars, and the investment
shall be carried out by way of capital increase.

-Ends

Contacts

Ms. Menna Shams El Din

Chief Investment Officer & Corporate Affairs

T: +202 3851 6464 | M: +20 100 1542428 |  menna.shamseldin@edita.com.eg
(mailto:%20menna.shamseldin@edita.com.eg)

 

 

 

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