Pre-Trading Thoughts
FAB withdrew VTO on HRHO EAST declared to participate in the capital of the United Tobacco Company with 24% of the company’s capital amounting to EGP100 mn. United Company will solely bear the total cost of the value of the new license, without EAST bearing any costs in this regard. United Company will lease the building and the current production lines dedicated to the production of Phillip Morris products for a period of 3 years, with the leasing amount yet to be declared. Phillip Mor...
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