Latest in Tag: Domty Highlight
Latest in Tag: Domty
There is no intention to increase Domty’s product prices in Ramadan season, says El Damaty
Company net profit hit EGP 30.6m in three months until end-December
Economic management was not ready for the consequences of the flotation, but it was an overdue good decision
The Arabian Food Industries Company (Domty) plans to run a production line of bakery turkey cheese in the second half of this year. Domty vice chairperson and deputy managing director Mohamed El Damaty said that the bakery production line is at the processing stages to start production as soon as the dollar price stabilises; and …
The company intends to inject EGP 200m worth of new investments in 2017
Although the session closed at the share’s increase of 9.35% compared to the offering price, it declined by 1.76% from the opening price
Shares in the Arabian Food Industries Company’s (Domty) initial public offering (IPO) were oversubscribed by 10.718 times at the closing of the IPO on Thursday. Thursday marked the final day of the IPO, which was held on the Egyptian Exchange for approximately 12.250m shares. A total of 2,430 subscribers were registered for approximately 131.306m shares. …
A number of questions were raised by the capital market about how Domty’s IPO will attract new institutional investors and increase the low trading volume, which reached an average of EGP 400m in one session.
Arabian Food Industries Company Domty announced Thursday the indicative price range for an offering of up to 122.5m of existing ordinary shares, representing 49% of the Company’s outstanding share capitalised in the Egyptian Exchange (EGX)
EFG Hermes One-on-One Conference, research sector begins initial promotion among international financial institutions
Arabian Food Industries Company Domty announced today the offering of up to 122,500,000 existing ordinary shares representing 49% of the company’s outstanding share capital listed on the Egyptian Exchange (EGX) currently owned by the selling shareholders.
Move aims to enhance trading liquidity on stocks at IPO, central depository for shares begins after Eid al-Adha
Listing will take place in 2015 with EGP 2bn in revenues anticipated, chairman says
Reuters – Arabian Food Industries Co (Domty), one of Egypt’s top dairies, plans to float 30% of the company in an initial public offering within two years, Chairman Omar el-Damaty has told reporters. The firm, which has a market share of 32%, produces 80,000 tons of cheese a year and exports to Jordan, Lebanon, and …