Back to the complete issue
Thursday, 7 December 2017

Al Tawfeek Leasing seeks regulatory approval for IPO

IPO WATCH- Al Tawfeek Leasing Co. has filed with the Financial Regulatory Authority for permission to list 24% of its shares on the EGX ahead of an IPO, according to Youm7. CEO Tarek Fahmy had said back in September that the company is planning to list 15% of its shares on the EGX before the year is out.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2018 Enterprise Ventures LLC.