Unionaire Group pushes planned IPO to end-2019

IPO WATCH- Unionaire Group pushes planned IPO to end-2019: It looks like Unionaire Group has once again decided to postpone its planned EGX debut to the end of 2019, from 1Q2019, owner and Chairman Mohamed Fathy tells Amwal Al Ghad in an interview. The group is also considering a dual listing on an international bourse, he said, adding that the company intends to float around 30-40% of its shares. Unionaire Group had originally been expected to list in 2H2018, as we noted previously, and has said it would use the proceeds for a new export-focused industrial complex.