Creast mark For Contracting and Real Estate Development News - Mubasher Info
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28 July 08:33 AM

Creast mark For Contracting and Real Estate Development (CRST)

Last update: 22 June 01:26 PM market time.
1.33
-0.03
-2.21%
Open 1.36
Previous Close 1.36
High 1.40
Low 1.30
Stock Statistics
Volume 71,496,658
Turnover 96,548,648.00
All data are 15 minutes late during market session

News

Photo Archive
24 November 2022 09:39 AM Shareholder cuts stake in Lift Slab Misr
Cairo – Mubasher: Shareholder Ayman Ibrahim Abdel Moneim El-Nahhas has reduced his stake in the Egyptian Company for Construction Development (Lift Slab Misr) to 6.05% from 7.12% for a total value of EGP 2.04 million. El-Nahhas sold 6 million …
Companies Investments
Photo Archive
21 September 2022 04:10 PM Shareholder buys 4m shares in Lift Slab Misr
Cairo – Mubasher: Egyptian Company for Construction Development (Lift Slab Misr) announced that Ayman Ibrahim Abdel Moneim El-Nahhas increased his stake in the company's capital to 3.38% from 2.67%. Hence, El-Nahhas purchased 4 million shares at a …
Mergers and Acquisitions
Photo Archive
20 September 2022 09:44 AM Lift Slab Misr uses EGP 71m of capital hike proceeds
Cairo – Mubasher: Egyptian Company for Construction Development (Lift Slab Misr) has spent EGP 71.53 million of the capital increase subscription proceeds amounting to EGP 86.22 million as of the end of October 2020. The total value of the …
Companies Investments
The remaining proceeds amount to EGP 13.4 million
26 September 2021 04:01 PM Lift Slab Misr spends EGP 71m of capital raise proceeds
Cairo – Mubasher: Egyptian Company for Construction Development (Lift Slab Misr) has used EGP 70.78 million of the capital raise subscription proceeds totalling EGP 86.22 million as of the end of June.  The total value of the proceeds amounts to …
Companies Investments
Lift Slab Misr achieved net profits of EGP 1.34 million in Q1-20
11 October 2020 05:55 PM Lift Slab Misr hires Grant Thornton for FV assessment
Cairo – Mubasher: The Egyptian Company for Construction Development (Lift Slab Misr) announced the appointment of Grant Thornton Financial Consulting to conduct a fair value (FV) study of the company’s shares.  The FV assessment is needed by the …
Corporate Actions
The company’s capital will be raised to EGP 140.31 million
25 August 2020 01:47 PM Lift Slab Misr’s board approves EGP 84m capital raise
Cairo – Mubasher: The board of directors of the Egyptian Company for Construction Development (Lift Slab Misr) decided to increase the issued capital as subscription to its capital raise was covered by 100%. The company’s capital will be raised by …
Corporate Actions
The company’s operating income grew to EGP 15.8 million
12 August 2020 00:04 PM Lift Slab Misr reports 16-fold profit leap in H1-20
Cairo – Mubasher: The net profits of the Egyptian Company for Construction Development (Lift Slab Misr) surged by 1,558% year-on-year (YoY) to EGP 3.79 million during the first half (H1) of 2020 from EGP 228,668. The company’s operating income …
Financial Results
Lift Slab Misr aims to increase and diversify its revenue streams
7 July 2020 00:25 PM Lift Slab Misr set to complete acquisition of El-Wafaa for Tourism Investment
Cairo – Mubasher: The Egyptian Company for Construction Development (Lift Slab Misr) is set to complete a deal to acquire 85% of El-Wafaa for Tourism Investment Co. for EGP 94.6 million from Al Forsan Real Estate Development & Investments. Through …
Mergers and Acquisitions
The capital is proposed to be increased by EGP 84.188 million
6 February 2020 02:37 PM Lift Slab proposes 150% capital raise
Cairo – Mubasher: The board of directors of the Egyptian for Developing Building Materials (Lift Slab) recommended an increase in the company’s issued capital to EGP 140.3 million from EGP 56.125 million. The capital is proposed to be increased by …
Corporate Actions
Lift Slab will execute 48% of the project
29 January 2020 04:54 PM Lift Slab granted contract for EGP 100m project in Damietta
Cairo – Mubasher: Egyptian for Developing Building Materials (Lift Slab) has been awarded a commercial, administrative, and residential joint project by MOT Investments and Projects, an affiliate to the Egyptian transport ministry. Situated on …
Companies Investments
The number of the company’s shares will be increased to 45.2 million
27 October 2019 11:19 AM Lift Slab’s shareholders approve stock split
Cairo – Mubasher: The extraordinary general meeting (EGM) of the Egyptian for Developing Building Materials (Lift Slab) approved a five-for-one stock split. The company’s shareholders approved a recommendation to split the share’s nominal value to …
General Assembly
The company has sealed EGP 22 million contracts since the beginning of the project
11 June 2019 00:55 PM Lift Slab’s new capital project nears completion
Cairo – Mubasher: Egyptian for Developing Building Materials (Lift Slab) announced that the delivery of its minarets project in the New Administrative Capital is near completion. The company has sealed EGP 22 million contracts since the beginning …
Companies Investments
The EGM is set to review the EGP 31.02 million capital increase
26 March 2019 03:53 PM Lift Slab proposes EGP 31.02m capital hike
Cairo – Mubasher: Egyptian for Developing Building Materials’ (Lift Slab) board of directors has recommended raising the company’s issued capital to EGP 65.1 million from EGP 34.07 million. The extraordinary general meeting (EGM) is set to review …
Corporate Actions
Profits soared to EGP 336,000 in H1-17
15 August 2017 04:14 PM Lift Slab Misr H1 profits jump 258.5% on higher operating revenues
Cairo – Mubasher: Egyptian for Developing Building Materials (Lift Slab Misr) on Tuesday announced a 258.5% year-on-year rise in profits for the first half of 2017. Profits soared to EGP 336,000 in H1-17, from EGP 93,700 a year ago, according to …
Financial Results
(Photo credit: Company's website)
12 April 2017 11:38 AM Lift Slab Misr turns profitable in FY16
Cairo – Mubasher: Egyptian for Developing Building Materials (Lift Slab Misr) posted on Wednesday a net profit of EGP 39,400 for fiscal year 2016, compared to a net loss of EGP 1.4 million for FY15. The company will hold an ordinary general …
Financial Results
Lift Slab Misr, Arab Contractors to establish joint projects
31 January 2017 11:25 AM Lift Slab Misr, Arab Contractors to establish joint projects
Cairo – Mubasher: The Egyptian Co. For Construction Development (Lift Slab Misr) said it signed an MoU with Arab Contractors Co. to implement joint projects inside and outside Egypt. Lift Slab Misr was awarded earlier works worth EGP 22 million in …
Companies Investments
A Lift Slab project (Photo Credit: Company website)
16 January 2017 02:18 PM Lift Slab to execute EGP 22m projects in New Capital
Cairo – Mubasher: The Egyptian Company for Construction Development (Lift Slab) on Monday announced being awarded EGP 22 million ($1.17 million) worth of construction works in Egypt’s New Capital. The awards are part of the first stage of a …
Companies Investments
Lift Slab Misr approves stock spit
8 January 2017 11:36 AM Lift Slab Misr approves stock spit
Cairo – Mubasher: The Egyptian Co. For Construction Development (Lift Slab Misr) said its board of directors gave a nod to split the company’s stock at 1:2. Following the stock split, the company’s par value will be reduced from EGP 10 per share …
Corporate Actions
LIFT SLAB board approves stock split, capital hike
2 January 2017 00:10 PM LIFT SLAB board approves stock split, capital hike
Cairo – Mubasher: Cairo – Mubasher: The Egyptian Company for Developing Building Materials’ (LIFT SLAB) said its board of directors approved both stock split and capital increase. The company noted that it resorted to these decisions as …
Corporate Actions
LIFT SLAB turn profitable in Q3
3 November 2016 05:57 PM LIFT SLAB turn profitable in Q3
Cairo – Mubasher: The Egyptian Company for Developing Building Materials’ (LIFT SLAB) reported net profits of EGP 722,910 for the third quarter of 2016. The company reported net losses of EGP 118,200 for the same period of the previous year. As …
Financial Results
LIFT SLAB eyes EGP 115m in sales from Marsa Matrouh project
17 October 2016 05:48 PM LIFT SLAB eyes EGP 115m in sales from Marsa Matrouh project
Cairo – Mubasher: The Egyptian Company for Developing Building Materials’ (LIFT SLAB) said it expects sales value amounts to EGP 115 million from its project in Marsa Matrouh. The company will collect EGP 57.5 million, representing 50% of the …
Companies Investments
LIFT SLAB is studying the expansion in Saudi Arabia- Photo Credit: Arabianeye - Reuters
16 October 2016 00:28 PM LIFT SLAB to inject EGP 345m investments
Cairo – Mubasher: The Egyptian Company for Developing Building Materials’ (LIFT SLAB) board approved to inject EGP 345 million investments LIFT SLAB is studying the expansion in Saudi Arabia in Makkah with a total investments of EGP 25 million, …
Companies Investments
Photo Credit: Arabianeye-Reuters
7 September 2016 05:45 PM EGX approves 3 capital increases
Cairo - Mubasher: The Egyptian Stock Exchange approved on Wednesday the request of three companies to increase their capital. EGX announced listing the increased capital of the Egyptian Company for Developing Building Materials (LIFT SLAB) …
Corporate Actions
A LIFTSLAB project (Photo Credit: Company website)
15 August 2016 05:11 PM LIFT SLAB turns profitable in H1
Cairo – Mubasher: The Egyptian Company for Developing Building Materials (LIFT SLAB) on Monday reported turning a profit in the first six months of 2016. The company achieved a net profit of EGP 93,700 ($10,550) in H1-16 against a loss of EGP 2.3 …
Financial Results
LIFT SLAB project
1 August 2016 00:01 PM LIFT SLAB targets contracts worth EGP 250m in 2016
Cairo - Mubasher: The Egyptian Company for Developing Building Materials (LIFT SLAB) said it works on reaching contracts with total value amounts to EGP 250 million by the end of 2016, through seizing two projects The firm said the value of the …
Companies Investments