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Monday, 24 October 2016

DBK Pharma plans to relist in late November, Pioneer’s advising

DBK Pharma is planning to relist on the EGX by the end of November, a source from the company tells Al Borsa. Pioneer Holdings will be managing the listing of 25% of its shares. Fincorp, the same company behind the Beltone Financial fair value report flap, has issued the FV report on DBK’s shares. Ibrachy & Partners were selected as legal advisors, while KPMG Hazem Hassan is auditor. The listing is expected to fund the company’s expansion into new product lines including veterinary products.

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