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61% of Suez Canal Technology Settling’s shareholders accept purchasing offer

61% of Suez Canal Technology Settling’s shareholders accept purchasing offer
61% of Suez Canal Technology Settling’s shareholders accept purchasing offer

Cairo – Mubasher: Suez Canal Company for Technology Settling said 20% of its shareholders accepted the purchasing offer of the company’s stocks at EGP 16.5 per share.

Following this recent approval, nearly 61% of the company’s shareholders accepted the buying offer, according to a bourse filling.

The company is currently capitalized at EGP 909 million, distributed across 90.90 million shares at EGP 10 par value each.