Cairo – Mubasher: The Egyptian Exchange (EGX) said that Egyptian Starch and Glucose executed a transaction to buy the shares of owners who are negatively affected by the voluntary delisting decision.
The transaction involved the purchase of 498,323 shares for EGP 4.79 million, averaging EGP 9.63 apiece, according to a statement on Tuesday.
In 2020, the company suffered net losses of EGP 52.99 million, up from EGP 17 million a year earlier.
