E.Phac To Be Listed In EGX Within Month: Anany

Anany & Co. Chartered Accountants are planning to list Eastern Pharmacists Co.”E.Phac Company” – E. Phaco Pharm on the Egyptian Exchange (EGX) within the coming month. E.Phac’s capital amounts to EGP 20 million.

Abdullah Anany, the chairman of Anany Co., said all the required documents for listing have been submitted to the EGX and Misr for Central Clearing, Depositary and Registry (MCDR).

“We are waiting for the EGX’s response within a month so that E.Phaco’s trading would come into effect.” Anany added

“E.Phaco works in pharmaceuticals sector. We are planning to trade in 10% of its shares in which the par value amounts to one Egyptian Pound.”