EGYTRANS’s ETAL Agrees With First On NILEX Listing

Egyptian Transport – EGYTRANS (ETRS.CA) announced on Tuesday that its affiliate Egyptian Transport & Logistics – ETAL has signed a contract with the Nominated Advisor First for Financial Consultancy in regard to getting listed in NILEX, Egyptian Exchange for the SMEs.

ETAL’s issued and paid-up capital is valued at EGP 8 million distributed to 800 thousand securities in which the par value is EGP 10 a share.

EGYTRANS is planning to increase ETAL’s capital through listing it in NILEX so that the company would be able to achieve IPOs and increase its paid-up and issued capital.