ElSwedy Cement raises stake in Sinai Cement to 5%

May 24, 2016


Sinai Cement (SCEM) said ElSwedy Cement Company purchased 50,000 shares. ElSwedy Cement’ stake after deal execution has become 5% of the company’s capital. ElSwedy Cement purchased the shares in a deal worth LE1.225 million at an average price of LE24.5 per share.

Source: Arab Finance