{"id":567690,"date":"2020-12-03T04:15:30","date_gmt":"2020-12-03T04:15:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/"},"modified":"2020-12-03T04:15:30","modified_gmt":"2020-12-03T04:15:30","slug":"speed-medical-to-be-the-first-jump-from-nilex-to-the-egx","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/","title":{"rendered":"Speed Medical to be the first jump from Nilex to the EGX"},"content":{"rendered":"

<\/a> Speed Medical (SPMD) will start trading its shares on the EGX from next Sunday<\/strong> after completing its upgrade from the Nilex via a capital increase, the local press<\/a> reports. The exchange\u2019s registration committee approved the listing following the company\u2019s EGP 221.8 mn capital increase, paving the way for it to become the first to make the transition from the small-cap market to the EGX. SPMD joined the Nilex in April 2019. The company previously said<\/a> it plans to use the capital increase to expand its Al-Obour medical facility on the Ismailia Desert Road, and grow its network of analysis labs.<\/p>\n

The news comes as leading industry player IDH is exploring <\/strong>the possibility of a local<\/a><\/strong>listing<\/a><\/strong>. <\/strong>IDH, which operates the Al Borg and Al Mokhtabar labs brand in Egypt and is also present in Jordan, Nigeria and Sudan, is listed on the London Stock Exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"

Speed Medical (SPMD) will start trading its shares on the EGX from next Sunday after completing its upgrade from the Nilex via a capital increase, the local press reports. The exchange\u2019s registration committee approved the listing following the company\u2019s EGP 221.8 mn capital increase, paving the way for it to become the first to make […]<\/p>\n","protected":false},"author":1,"featured_media":567691,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8405],"tags":[102,68,72,78,1301,427,551],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-watch","tag-capital-markets","tag-egx","tag-enterpriseam","tag-ipo-watch","tag-market-watch","tag-pharma","tag-speed-medical","wpautop","entry"],"acf":{"mongo_id":"c901d149-9660-4b9a-a4d1-c52bde56de24","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/70.jpg","photo_position":"above","related_issue":[567679],"teaser":"","voice_url":""},"yoast_head":"\nSpeed Medical to be the first jump from Nilex to the EGX - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Speed Medical to be the first jump from Nilex to the EGX\" \/>\n<meta property=\"og:description\" content=\"Speed Medical (SPMD) will start trading its shares on the EGX from next Sunday after completing its upgrade from the Nilex via a capital increase, the local press reports. The exchange\u2019s registration committee approved the listing following the company\u2019s EGP 221.8 mn capital increase, paving the way for it to become the first to make […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-03T04:15:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/70.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Speed Medical to be the first jump from Nilex to the EGX\",\"datePublished\":\"2020-12-03T04:15:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/\"},\"wordCount\":157,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/70.jpg?fit=%2C&ssl=1\",\"keywords\":[\"capital markets\",\"EGX\",\"EnterpriseAM\",\"IPO watch\",\"Market Watch\",\"pharma\",\"Speed Medical\"],\"articleSection\":[\"MARKET WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/speed-medical-to-be-the-first-jump-from-nilex-to-the-egx\/\",\"name\":\"Speed Medical to be the first jump from Nilex to the EGX - 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The company has earmarked EGP 200 mn to more than double its network of branch labs to 200 by the end of 2022, and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602473,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/speed-medical-to-debut-on-egx-in-six-months-after-upcoming-nilex-ipo\/","url_meta":{"origin":567690,"position":2},"title":"Speed Medical to debut on EGX in six months after upcoming NileX IPO","author":"enterpriseam admin","date":"28 March 2019","format":false,"excerpt":"IPO WATCH- Speed Medical is planning to IPO on the EGX within six months of listing of 25% of its shares on NileX, Chairman Mahmoud Lasheen tells Al Mal. 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