Arab Developers Holding (CASE:ARAB) announced that it appointed Solid Capital for Financial Advisory (SCFA) as an independent financial advisor to evaluate a subsidiary, according to a bourse filing on August 21, 2022. The evaluation paves the way for a potential offering of a stake in the subsidiary in an initial public offering (IPO) on the Egyptian Exchange's (EGX) main market.
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- Arab Developers Hires Advisor to Evaluate Subsidiary for Potential IPO