{"id":625304,"date":"2018-08-01T03:57:39","date_gmt":"2018-08-01T03:57:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/01\/holding-co-for-construction-and-development-approves-32-25-stake-sale-in-hhd\/"},"modified":"2018-08-01T03:57:39","modified_gmt":"2018-08-01T03:57:39","slug":"holding-co-for-construction-and-development-approves-32-25-stake-sale-in-hhd","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/01\/holding-co-for-construction-and-development-approves-32-25-stake-sale-in-hhd\/","title":{"rendered":"Holding Co for Construction and Development approves 32.25% stake sale in HHD"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Holding Co for Construction and Development approves 32.25% stake sale in HHD: <\/strong>The general assembly of the Holding Company for Construction and Development has approved the sale of a 32.25% stake in subsidiary Heliopolis Housing and Development (HHD) on the EGX as part of the state privatization program, according to a statement from the Public Enterprises Ministry (pdf). HHD is part of the <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/24\/govt-unveils-timeline-of-first-wave-of-state-privatization-program\/\">first wave of companies<\/a><\/u> that will pilot the program, and is expected to sell the additional shares in the bourse in October. <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/\">HHD has decided<\/a><\/u> to go with the state-owned NI Capital to manage the sale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Holding Co for Construction and Development approves 32.25% stake sale in HHD: The general assembly of the Holding Company for Construction and Development has approved the sale of a 32.25% stake in subsidiary Heliopolis Housing and Development (HHD) on the EGX as part of the state privatization program, according to a statement from the Public [&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-625304","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a0ab0e83-7972-4a61-b5e5-fb78fb5d45fe","order":"0","is_powered_by":true,"section_story_id":"62317073-74b0-487f-b7a6-45ef1aee6454","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625297],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Three unnamed companies have submitted bids to acquire a 10% stake in state-owned Heliopolis Housing and Development (HHD) in the company before the Monday deadline, an unnamed source close to the matter said, according to Al Mal.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/329.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598955,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/13\/government-approves-handing-heliopolis-housing-management-to-an-investor\/","url_meta":{"origin":625304,"position":3},"title":"Government approves handing Heliopolis Housing management to an investor","author":"enterpriseam admin","date":"13 June 2019","format":false,"excerpt":"M&A WATCH- Gov\u2019t to offer 11% stake in Heliopolis Housing \u2014 with management rights: The Public Enterprises Ministry and the Holding Company for Construction and Development have given principal approval to hand the management of Heliopolis Housing & Development (HHD) to a private investor, Heliopolis Housing said in a bourse\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":569702,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/04\/hhd-scraps-share-sale-plans-after-management-tender-flops\/","url_meta":{"origin":625304,"position":4},"title":"HHD scraps share sale plans after management tender flops","author":"enterpriseam admin","date":"4 March 2020","format":false,"excerpt":"PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped its plans to offer a stake of up to 25% as part of the state privatization program, Hesham Aboul Atta, the chairman of HHD\u2019s parent company, the Holding Company for\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/55.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572739,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/07\/egypts-heliopolis-housing-to-finalize-its-new-development-plan-this-week\/","url_meta":{"origin":625304,"position":5},"title":"Egypt\u2019s Heliopolis Housing to finalize its new development plan this week","author":"enterpriseam admin","date":"7 July 2020","format":false,"excerpt":"PRIVATIZATION WATCH- HHD\u2019s new development plan will be finalized this week: State-owned Heliopolis for Housing and Development (HHD) expects to finalize this week its new strategy to develop the company after scrapping plans to sell a stake with management rights earlier this year, Hesham Aboul Atta, the chairman of HHD\u2019s\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625304","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=625304"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625304\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/625297"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=625304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=625304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=625304"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=625304"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=625304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}