Cairo Financial to Sponsor National Seed’s Listing in NILEX within 2 Weeks

Cairo Financial Holding (CFH Holding) plans to undertake the listing procedures for National Seed Company in the Egyptian bourse for SMEs (NILEX) within the next two weeks.

According to a recent statement to Amwal Al Ghad, CEO Ashraf Salman revealed CFH’s plans to lead National Seed’s listing in the Nile Stock Exchange (NILEX), to start the listing procedures within two weeks.

The enlisted-to-be National Seed works in the agricultural sector and in which CFH Holding seizes 51% a stake, Salman noted.

Elsewhere, CFH will be managing an initial public offering for a company working in the industrial sector into the Egyptian Exchange (EGX) within the first quarter of 2015. The capital of the industrial company is at value of EGP 250 million, he noted.

Cairo Financial, through its subsidiaries, provides financial advisory services. The firm offers mergers and acquisitions, divestures and spin offs, buyouts, initial public offering, private placement, corporate finance, takeovers, and tender offer advisory services. Additionally, it provides loan, securitization, bond offering, structured finance, and Islamic product advisory services.