Brief: Orascom - Orascom Development Egypt To Approve Sale Of Its Stake In 'New City Housing & Development'

Orascom Development Holding AG

14/12/2020 06:04

Dec 14 (Reuters) - ORASCOM DEVELOPMENT HOLDING AG  ODHN.S :
    * EQS-ADHOC: ORASCOM DEVELOPMENT HOLDING AG LARGEST
SUBSIDIARY IN
EGYPT, ORASCOM DEVELOPMENT EGYPT (ODE) BOARD OF DIRECTORS
CONVENED TO APPROVE THE SALE OF ITS STAKE IN 'NEW CITY HOUSING &
DEVELOPMENT' FORMERLY 'ORASCOM HOUSING COMMUNITIES' FOR AN
AMOUNT OF
    * ORASCOM DEVELOPMENT EGYPT APPROVED SALE OF ITS 35.25%
STAKE IN
"NEW CITY HOUSING & DEVELOPMENT" FOR AN AMOUNT OF CHF 7.3
MILLION.

Source text for Eikon:  ID:nEQ7Zd1Pqa 
Further company coverage:  ODHN.S 

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