{"id":624274,"date":"2018-09-04T04:15:17","date_gmt":"2018-09-04T04:15:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/"},"modified":"2018-09-04T04:15:17","modified_gmt":"2018-09-04T04:15:17","slug":"redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/","title":{"rendered":"Redcon eyes 2Q2019 IPO to finance future expansion plans"},"content":{"rendered":"<p><strong>IPO WATCH- Redcon eyes 2Q2019 IPO to finance future expansion plans: <\/strong><u><a href=\"http:\/\/www.redconcon.com\/\">Redcon Construction<\/a><\/u> is considering floating a portion of its shares in the EGX in an initial public offering in the second quarter of 2019, Managing Director Tarek El Gammal said, <u><a href=\"http:\/\/www.almalnews.com\/Story\/388010\/11\/%C2%AB%D8%B1%D9%8A%D8%AF%D9%83%D9%88%D9%86%C2%BB-%D9%84%D9%84%D9%85%D9%82%D8%A7%D9%88%D9%84%D8%A7%D8%AA-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%A7%D9%84%D8%B7%D8%B1%D8%AD-%D8%A8%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%AA%D9%88%D8%B3%D8%B9%D8%A7%D8%AA%D9%87%D8%A7-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9\">Al Mal reports<\/a><\/u>. The company is hoping to raise capital to finance future expansion plans, which could see Redcon venturing into the world of industrial construction as a way of diversifying its revenue sources, according to El Gammal. No details on the size of the offering or expected proceeds were provided.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPO WATCH- Redcon eyes 2Q2019 IPO to finance future expansion plans: Redcon Construction is considering floating a portion of its shares in the EGX in an initial public offering in the second quarter of 2019, Managing Director Tarek El Gammal said, Al Mal reports. The company is hoping to raise capital to finance future expansion [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624274","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9abfc960-556d-4923-91e9-fcd6ccc79e69","order":"0","is_powered_by":true,"section_story_id":"b5be957b-45c7-48af-b0e7-f3ae5c8f1d76","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624262],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Redcon eyes 2Q2019 IPO to finance future expansion plans - 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\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redcon eyes 2Q2019 IPO to finance future expansion plans\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Redcon eyes 2Q2019 IPO to finance future expansion plans: Redcon Construction is considering floating a portion of its shares in the EGX in an initial public offering in the second quarter of 2019, Managing Director Tarek El Gammal said, Al Mal reports. The company is hoping to raise capital to finance future expansion [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-04T04:15:17+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\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Redcon eyes 2Q2019 IPO to finance future expansion plans\",\"datePublished\":\"2018-09-04T04:15:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/redcon-eyes-2q2019-ipo-to-finance-future-expansion-plans\/\",\"name\":\"Redcon eyes 2Q2019 IPO to finance future expansion plans - 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