DEMERGER WATCH

Pioneers Holding applies to register two new subsidiaries ahead of EGX debuts

Pioneers Holding submitted a request to register its two new subsidiaries with the Financial Regulatory Authority (FRA) in preparation for their debut on the EGX, the company said in a bourse filing (pdf). The new companies — Pioneers Properties and Gadwa Industrial Development — will focus on real estate and industrial development, respectively, while the…