EGX Welcomes Industrial & Engineering Enterprises on its SMEs Platform
Thursday, 6 January 2022Egyptian Exchange Posted
The Egyptian Exchange (EGX) welcomed the new listing of the Industrial and Engineering Enterprises Company to be the company number 28 to join its SMEs market and increasing the total number of listed companies to 240.
A ringing of bell ceremony in celebration of the new listing was held at EGX’s premise in the presence of Dr. Mohammed Farid, Executive Chairman of EGX & the company’s top management.
The company was delisted in 2006 and move to OTC market trading system. EGX’s management provided all support and assistance needed for the company to adjust to the listing rules and regulations to be relisted again in 2021.
The company’s shareholders are 3,756, and the free float percentage reaching 63.7%.
EGX management continuous to play its role in providing all aspects of support and assistance to companies aspiring to list at EGX. In line with the EGX’s plan for the development of the Egyptian market by increasing the listed companies, along with improving the trading environment and enhancing liquidity.
