EGX Announces Arab Investment Urbanization’s Voluntary Delisting

By Yomna Yasser On Sep 19, 2012

Egyptian Exchange (EGX)’s Securities Listing Committee has announced Wednesday that the stock of Arab Investment Urbanization Co. (AIUR.CA) will be voluntarily delisted from the main market.

The company operates with issued capital of $23 million distributed to 2.3 million securities in which the par value amounts to $10 a share.

The EGX’s decree comes in accordance with articles No. 35 and 59 of Listing and Delisting Rules.

The company’s stock will trade on the OTC as of the start of Thursday’s trading, 20/09/2012, in Deals Market. Accordingly, Misr for Central Clearing, Depository & Registry (MCDR) will be notified.