{"id":608335,"date":"2023-10-18T00:00:00","date_gmt":"2023-10-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/"},"modified":"2023-10-18T00:00:00","modified_gmt":"2023-10-18T00:00:00","slug":"dice-founders-re-acquisition-bid-is-official","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/","title":{"rendered":"Dice founders\u2019 re-acquisition bid is official"},"content":{"rendered":"

Dice\u2019s founding family is set to increase its share of the company to c. 80%: <\/strong>The Financial Regulatory Authority (FRA) published the offer (pdf)<\/a> from the founders of EGX-listed clothing company Dice Sports and Casual Wear<\/a> to purchase more than 838 mn of its shares \u2014 46.9% of the company. The offer came from the founding family\u2019s Toma Company for Commercial and Industrial Investments and board member Maged Toma, who submitted the mandatory tender offer<\/a> (MTO) earlier this month, who had previously sold more than half of the company to public investors during its IPO on the EGX in 2017.<\/p>\n

The offer: <\/strong>The buyers want to acquire up to 46.9% of the company \u2014- 838 mn shares \u2014 at EGP 0.65 per share, putting the total acquisition value at EGP 544.8 mn. The consortium will purchase all the shares that respond to the offer, even if they exceed the target. <\/p>\n

The Toma family already owns 32% of the company:<\/strong> Founder and CEO of the companyNagy Toma currently has a 21.1% stake, while Maged Toma, who sits on the company\u2019s board, owns 8.7%. United Motors has a 7% share, while the rest of the company\u2019s shares are in freefloat. <\/p>\n

The timeline: <\/strong>The MTO will be made public today or tomorrow. The process kicks off the day after it is announced in at least two \u2018nationally significant\u2019 newspapers and continues for 19 additional trading days. The transaction needs to be executed on the EGX within five days of the offer period ending. <\/p>\n

Post-acquisition plans:<\/strong>The consortium aims to upgrade and expand Dice\u2019s production lines,launch new products to meet market demand, and increase the company\u2019s market share. The buyers also want to boost Dice\u2019s exports and step into new markets across the region. <\/p>\n

No plans to shake things up:<\/strong>The consortium has no plans to restructure Dice once theacquisition is complete. It also doesn\u2019t want to partake in any mergers or sell any of the company\u2019s shares or assets over the coming 12 months. <\/p>\n

Advisors:<\/strong>Beltone Financial Holding\u2019s Beltone Securities is acting as broker on the transaction, while its promotion and underwriting subsidiary acted as financial advisor. Matouk Bassiouny & Hennawy is legal counsel. <\/p>\n

MARKET REAX:<\/strong>Dice shares fell 0.16% to close at EGP 0.62 following the news. <\/p>\n","protected":false},"excerpt":{"rendered":"

The buyers wants to expand Dice\u2019s market reach by introducing new products and stepping into new markets<\/p>\n","protected":false},"author":1,"featured_media":608336,"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":[7363],"tags":[3511,72,7128,2080],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-608335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-dice-sport-and-casual-wear","tag-enterpriseam","tag-ma-watch","tag-textiles","wpautop","entry"],"acf":{"mongo_id":"df261897-a904-4a77-8734-e52d4ee1a53c","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/849.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Dice founders\u2019 re-acquisition bid is official","related_issue":[608324],"teaser":"The buyers wants to expand Dice\u2019s market reach by introducing new products and stepping into new markets","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.51eec4ea-9b8d-4cc5-b01f-7d5954e14e32.mp3"},"yoast_head":"\nDice founders\u2019 re-acquisition bid is official - 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\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dice founders\u2019 re-acquisition bid is official\" \/>\n<meta property=\"og:description\" content=\"The buyers wants to expand Dice\u2019s market reach by introducing new products and stepping into new markets\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-18T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dice founders\u2019 re-acquisition bid is official\",\"datePublished\":\"2023-10-18T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/\"},\"wordCount\":373,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Dice Sport and Casual Wear\",\"EnterpriseAM\",\"M&A Watch\",\"textiles\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/\",\"name\":\"Dice founders\u2019 re-acquisition bid is official - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-10-18T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dice founders\u2019 re-acquisition bid is official\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Dice founders\u2019 re-acquisition bid is official - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/","og_locale":"en_US","og_type":"article","og_title":"Dice founders\u2019 re-acquisition bid is official","og_description":"The buyers wants to expand Dice\u2019s market reach by introducing new products and stepping into new markets","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-10-18T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Dice founders\u2019 re-acquisition bid is official","datePublished":"2023-10-18T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/"},"wordCount":373,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1","keywords":["Dice Sport and Casual Wear","EnterpriseAM","M&A Watch","textiles"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/","name":"Dice founders\u2019 re-acquisition bid is official - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1","datePublished":"2023-10-18T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/18\/dice-founders-re-acquisition-bid-is-official\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Dice founders\u2019 re-acquisition bid is official"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":606698,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/dice-founders-want-to-reacquire-the-company\/","url_meta":{"origin":608335,"position":0},"title":"Dice founders want to reacquire the company","author":"enterpriseam admin","date":"20 September 2023","format":false,"excerpt":"The founding Toma family sold the bulk of their shares in the firm during its IPO in 2017","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1237.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607813,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/10\/dice-founders-want-to-buy-back-a-big-chunk-of-the-company\/","url_meta":{"origin":608335,"position":1},"title":"Dice founders want to buy back a big chunk of the company","author":"enterpriseam admin","date":"10 October 2023","format":false,"excerpt":"Dice\u2019s founders are bidding to acquire 47% of its shares, a transaction that would give them control of almost 80% of the company","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/433.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":610200,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/16\/dices-founders-have-bought-back-another-third-of-their-company\/","url_meta":{"origin":608335,"position":2},"title":"Dice\u2019s founders have bought back another third of their company","author":"enterpriseam admin","date":"16 November 2023","format":false,"excerpt":"The family increased its total stake by 30.5% at a cost of EGP 436 mn","rel":"","context":"In \"EnterpriseAM\"","block_context":{"text":"EnterpriseAM","link":"https:\/\/enterpriseam.com\/egypt\/tag\/enterpriseam\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":609738,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/09\/dice-founders-up-their-offer-to-buy-back-shares\/","url_meta":{"origin":608335,"position":3},"title":"Dice founders up their offer to buy back shares","author":"enterpriseam admin","date":"9 November 2023","format":false,"excerpt":"The consortium raised the price to EGP 0.8 per share from EGP 0.65","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/849.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639150,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/23\/dice-to-sell-a-62-35-stake-on-the-egx\/","url_meta":{"origin":608335,"position":4},"title":"DICE to sell a 62.35% stake on the EGX","author":"enterpriseam admin","date":"23 October 2017","format":false,"excerpt":"IPO WATCH- DICE Sport and Casual Wear announced yesterday its intention to float (pdf)up to 33.05 mn existing ordinary shares, representing 62.35% of its outstanding share capital listed on the EGX. The selling shareholders are National Textile S.A.E, which holds 56.0% of DICE\u2019s share capital, and other minority investors who\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":594560,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/dices-rubber-band-factory-in-burg-al-arab-begins-operations\/","url_meta":{"origin":608335,"position":5},"title":"Dice\u2019s rubber band factory in Burg Al Arab begins operations","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"Dice\u2019s new rubber band factory in Burg Al Arab began operations this month, the company said in a bourse filing (pdf). The factory is operating at a 60% production rate and should reach its full production capacity of 20 mn meters a year at the start of 2020.","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/608335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=608335"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/608335\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/608324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/608336"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=608335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=608335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=608335"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=608335"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=608335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}