Cairo – Mubasher: The Egyptian Exchange (EGX) will open the OPR market to place the sell and buy orders on Arabian Rocks Plastic Industries during 18-22 December, according to a bourse filing on Thursday.
The company decided to offer 20% of share capital at 30 piasters per share with an estimated total value of EGP 6 million, said EGX administration.
The bourse stipulated that the minimum amount of asks should be no less than 10,000 shares. Moreover, brokerage firms have to pay a 25% deposit of the total requested shares’ value.