{"id":601564,"date":"2019-03-04T04:18:09","date_gmt":"2019-03-04T04:18:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/"},"modified":"2019-03-04T04:18:09","modified_gmt":"2019-03-04T04:18:09","slug":"only-minority-shareholders-can-vote-on-amer-group-delisting-fra","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/","title":{"rendered":"Only minority shareholders can vote on Amer Group delisting: FRA"},"content":{"rendered":"

Amer Group\u2019s minority shareholders will be the only ones allowed to vote on the Board of Director\u2019s plan to delist the company\u2019s shares<\/a> from the EGX, the Financial Regulatory Authority said in a bourse filing<\/a>. Thursday\u2019s trades on Amer Group and Porto Group were canceled<\/a> following the announcement.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amer Group\u2019s minority shareholders will be the only ones allowed to vote on the Board of Director\u2019s plan to delist the company\u2019s shares from the EGX, the Financial Regulatory Authority said in a bourse filing. Thursday\u2019s trades on Amer Group and Porto Group were canceled following the announcement.<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9315],"tags":[832,102,68,72,76,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601564","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-amer-group","tag-capital-markets","tag-egx","tag-enterpriseam","tag-financial-regulatory-authority","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"6bf880e7-b6d0-45b6-9bd3-8427ea9564d7","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[601529],"teaser":"","voice_url":""},"yoast_head":"\nOnly minority shareholders can vote on Amer Group delisting: FRA - 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\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Only minority shareholders can vote on Amer Group delisting: FRA\" \/>\n<meta property=\"og:description\" content=\"Amer Group\u2019s minority shareholders will be the only ones allowed to vote on the Board of Director\u2019s plan to delist the company\u2019s shares from the EGX, the Financial Regulatory Authority said in a bourse filing. Thursday\u2019s trades on Amer Group and Porto Group were canceled following the announcement.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-04T04:18:09+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Only minority shareholders can vote on Amer Group delisting: FRA\",\"datePublished\":\"2019-03-04T04:18:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/\"},\"wordCount\":62,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Amer Group\",\"capital markets\",\"EGX\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/\",\"name\":\"Only minority shareholders can vote on Amer Group delisting: FRA - 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The Financial Regulatory Authority (FRA) had decided that only minority shareholders would\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":601909,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/13\/amer-group-minority-shareholders-file-fra-complaint-against-management\/","url_meta":{"origin":601564,"position":1},"title":"Amer Group minority shareholders file FRA complaint against management","author":"enterpriseam admin","date":"13 March 2019","format":false,"excerpt":"Amer Group minority shareholders allege stock manipulation ahead of delisting vote: Minority shareholders of Amer Group have filed a complaint against the company\u2019s management ahead of a vote to delist the group from the Egyptian Exchange, according to a report in the domestic press. The complaint to the Financial Regulatory\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":601514,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/03\/amer-group-plans-to-delist-from-egx\/","url_meta":{"origin":601564,"position":2},"title":"Amer Group plans to delist from EGX","author":"enterpriseam admin","date":"3 March 2019","format":false,"excerpt":"Amer Group\u2019s board approved a plan to delist the company\u2019s shares from the EGX, the company said in a bourse filing. The decision was taken to allow investors to look for \u201calternative\u201d options as the company\u2019s revenue structure changes after it shifts most real estate development activities to Porto Group\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574346,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/07\/amer-group-to-issue-egp-2-bn-corporate-sukuk\/","url_meta":{"origin":601564,"position":3},"title":"Amer Group to issue EGP 2 bn corporate sukuk","author":"enterpriseam admin","date":"7 September 2020","format":false,"excerpt":"DEBT WATCH- Amer Group to issue EGP 2 bn corporate sukuk: Amer Group will issue its first corporate sukuk offering to the tune of EGP 2 bn and is currently finalizing procedures with the Financial Regulatory Authority, the local press reports, citing an unnamed source. The timing of the issuance\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":602424,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/","url_meta":{"origin":601564,"position":4},"title":"FRA signals new protections coming for minority shareholders","author":"enterpriseam admin","date":"27 March 2019","format":false,"excerpt":"FRA signals new protections coming for minority shareholders: The Financial Regulatory Authority (FRA) has reportedly signed off on a regulatory change that aims to protect the rights of minority shareholders when companies list and delist shares on the EGX, Al Masry Al Youm reports. 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