Arab Today, arab today no plans to suspend trading in telecom egypt shares
Last Updated : GMT 11:24:12
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Chairman of the Egyptian Stock Exchange:

No plans to suspend trading in Telecom Egypt shares

Arab Today, arab today

Arab Today, arab today No plans to suspend trading in Telecom Egypt shares

Chairman of the Egyptian Stock Exchange (EGX) Mohammad Omran
Cairo - Arab Today

Chairman of the Egyptian Stock Exchange (EGX) Mohammad Omran on Saturday denied that trading in Telecom Egypt shares would be suspended.
Earlier, the State Commissioners Authority released a report recommending that the initial public offering (IPO) of 20 percent of TE shares in 2005 was invalid.
Omran told MENA that the authority's report is not binding to suspend companies' shares in the EGX.
He added that EGX will seek information from the TE about any court rulings on the validity of the company's IPO.
Source: MENA

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