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Monday, 19 March 2018

Sigma Capital plans to IPO by end of 2018

IPO WATCH- Sigma Capital is planning to list its shares on the EGX by the end of 2018 or early 2019, Chairman Ahmed Marwan tells Al Borsa. The firm is focused in the meantime on expansion, including the setup of a new private equity fund raise its assets under management to EGP 750 mn from EGP 450 mn currently. Marwan also said the firm is actively courting IPO mandates. Sigma is currently the sole coordinator and bookrunner on B Investments’ IPO.

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