{"id":625741,"date":"2018-08-14T04:27:23","date_gmt":"2018-08-14T04:27:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/"},"modified":"2018-08-14T04:27:23","modified_gmt":"2018-08-14T04:27:23","slug":"acch-approves-stock-split-ahead-of-november-stake-sale","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/","title":{"rendered":"ACCH approves stock split ahead of November stake sale"},"content":{"rendered":"<p><strong>ACCH approves stock split ahead of November stake sale:<\/strong> State-owned Alexandria Container and Cargo Handling\u2019s (ACCH) EGM approved yesterday a 10:1 stock split ahead of its planned stake sale, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1315133\">Al Masry Al Youm reports<\/a>. ACCH is one of five <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/24\/govt-unveils-timeline-of-first-wave-of-state-privatization-program\/\">companies piloting the state privatization program<\/a>. The company is expected to sell 30% of its shares on the EGX in November, the company <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/05\/ni-capital-to-manage-another-stake-sale-of-the-privatization-program\/\">announced earlier this month<\/a>. ACCH is one of three companies whose stake sales will be managed by state investment bank NI Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ACCH approves stock split ahead of November stake sale: State-owned Alexandria Container and Cargo Handling\u2019s (ACCH) EGM approved yesterday a 10:1 stock split ahead of its planned stake sale, Al Masry Al Youm reports. ACCH is one of five companies piloting the state privatization program. The company is expected to sell 30% of its shares [&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-625741","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7b661a28-315f-46f8-b464-7fba228df896","order":"0","is_powered_by":true,"section_story_id":"c24bab75-7fb3-4b89-aab1-4416b4bfe4ca","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625732],"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>ACCH approves stock split ahead of November stake sale - 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\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACCH approves stock split ahead of November stake sale\" \/>\n<meta property=\"og:description\" content=\"ACCH approves stock split ahead of November stake sale: State-owned Alexandria Container and Cargo Handling\u2019s (ACCH) EGM approved yesterday a 10:1 stock split ahead of its planned stake sale, Al Masry Al Youm reports. ACCH is one of five companies piloting the state privatization program. The company is expected to sell 30% of its shares [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-14T04:27:23+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\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ACCH approves stock split ahead of November stake sale\",\"datePublished\":\"2018-08-14T04:27:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/\"},\"wordCount\":92,\"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\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/acch-approves-stock-split-ahead-of-november-stake-sale\/\",\"name\":\"ACCH approves stock split ahead of November stake sale - 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Sources said that 15% of the company\u2019s shares will be\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\/2019\/7\/cargo-1600-px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599176,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/","url_meta":{"origin":625741,"position":2},"title":"ACCH finishes roadshow in Dubai and London ahead of share sale","author":"enterpriseam admin","date":"20 June 2019","format":false,"excerpt":"Progress in state privatization program as opening legs of Alexandria Containers roadshow conclude: Advisers on the share sale by state-owned Alexandria Containers and Cargo Handling Company (ACCH) have concluded roadshows in Dubai and London as the company gears up for a secondary offering under the state privatization program, 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\/2017\/3\/1132.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626670,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/alex-container-and-cargo-handling-to-offer-additional-stake-on-egx-in-4q2018\/","url_meta":{"origin":625741,"position":3},"title":"Alex Container and Cargo Handling to offer additional stake on EGX in 4Q2018","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"IPO WATCH- State-run Alexandria Container and Cargo Handling Company (ACCH) will list additional shares on the EGX in 4Q2018, an unnamed Maritime & Land Transport Holding Co. official tells Al Mal. A committee from the Alex Port Authority, NI Capital, and the Public Enterprises Ministry is currently in talks to\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":600712,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/shalakany-zhp-herbert-smith-white-case-to-act-as-advisors-on-abu-qir-acch-stake-sales\/","url_meta":{"origin":625741,"position":4},"title":"Shalakany, ZH&#038;P, Herbert Smith, White &#038; Case to act as advisors on Abu Qir, ACCH stake sales","author":"enterpriseam admin","date":"7 February 2019","format":false,"excerpt":"Shalakany, Herbert Smith, White & Case tapped as local legal counsel on Abu Qir stake sale: Shalakany Law Office, alongside Herbert Smith Freehills, will jointly act as shareholders\u2019 local legal counsel in the stake sale of Abu Qir Fertilizers as part of the government privatization program, a source close to\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":596915,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/11\/no-stake-sales-in-state-companies-happening-before-september\/","url_meta":{"origin":625741,"position":5},"title":"No stake sales in state companies happening before September","author":"enterpriseam admin","date":"11 July 2019","format":false,"excerpt":"EXCLUSIVE- No stake sales in state companies happening before September: The sale of additional stakes in already listed state companies will not take place before September, Public Enterprises Minister Hisham Tawfik tells Enterprise. 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