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Grand Capital sells 20% of stake in Alalamya Brokerage

The board of Grand Capital for Financial Investments (GCFI) approved selling 20% of owned equity in Alalamya Insurance Brokerage. GCFI owns 80,000 shares in the company. The Sale will be executed at EGP 2.5 per share, while 50% of the stock’s par value will be paid.

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Date : 2013-02-26 01:30:53 Source : Mubasher

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