{"id":627194,"date":"2018-07-25T04:06:55","date_gmt":"2018-07-25T04:06:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/"},"modified":"2018-07-25T04:06:55","modified_gmt":"2018-07-25T04:06:55","slug":"efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/","title":{"rendered":"EFG concludes Humansoft Holding\u2019s USD 226 mn Kuwait Exchange accelerated book build in record timing"},"content":{"rendered":"<p><a id=\"tldr-story-04\" class=\"content-anchor\"><\/a> <strong>EFG Hermes concludes Humansoft Holding\u2019s USD 226 mn Kuwait Exchange accelerated book build in record timing: <\/strong>EFG Hermes announced yesterday that it successfully concluded the\u00a0secondary offering of Al Othman Commercial Enterprises Company\u2019s education outfit, Humansoft Holding Company, on the Kuwait Stock Exchange. The USD 226 mn transaction saw Al Othman Commercial Enterprises sell\u00a017% of Human Soft shares on\u00a0the Kuwait Stock Exchange.\u00a0EFG acted as the sole sellside bookrunner and financial advisor, for what was \u201cthe largest accelerated equity offering in the Middle East and North Africa\u201d in 2018, <a href=\"https:\/\/ent.news\/2018\/7\/1460.pdf\">the company said in a press release (pdf)<\/a>. \u201cOur position as one of the largest securities brokers in Kuwait and the largest in the region, in addition to being the leading ECM advisor in MENA has enabled us to launch and close this transaction in a record time; the transaction was successfully placed in 8 hours,\u201d said EFG Investment Banking Co-CEO Mohamed Ebeid. \u201cMore importantly the transaction offered us the opportunity to avail a highly compelling investment play in one of the region\u2019s most promising markets and sectors.\u201d<\/p>\n<p><strong>The Humansoft accelerated book build is EFG\u2019s third equity market transaction in less than two months<\/strong>, having just concluded advisory services last week on the GBP 125 mn IPO of microfinance lender ASA International on the LSE and advising on the USD 52 mn accelerated equity offering of Orascom Construction Industries on Nasdaq Dubai last month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EFG Hermes concludes Humansoft Holding\u2019s USD 226 mn Kuwait Exchange accelerated book build in record timing: EFG Hermes announced yesterday that it successfully concluded the\u00a0secondary offering of Al Othman Commercial Enterprises Company\u2019s education outfit, Humansoft Holding Company, on the Kuwait Stock Exchange. The USD 226 mn transaction saw Al Othman Commercial Enterprises sell\u00a017% of Human [&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-627194","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"af37db37-1315-46ba-a912-61e1fdebe4c5","order":"0","is_powered_by":true,"section_story_id":"c3593bc1-dac9-4c92-b9dd-0fe795bbd7d2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627183],"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>EFG concludes Humansoft Holding\u2019s USD 226 mn Kuwait Exchange accelerated book build in record timing - 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\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG concludes Humansoft Holding\u2019s USD 226 mn Kuwait Exchange accelerated book build in record timing\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes concludes Humansoft Holding\u2019s USD 226 mn Kuwait Exchange accelerated book build in record timing: EFG Hermes announced yesterday that it successfully concluded the\u00a0secondary offering of Al Othman Commercial Enterprises Company\u2019s education outfit, Humansoft Holding Company, on the Kuwait Stock Exchange. 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The USD 226 mn transaction saw Al Othman Commercial Enterprises sell\u00a017% of Human [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-07-25T04:06:55+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"EFG concludes Humansoft Holding\u2019s USD 226 mn Kuwait Exchange accelerated book build in record timing","datePublished":"2018-07-25T04:06:55+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/"},"wordCount":247,"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\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/efg-concludes-humansoft-holdings-usd-226-mn-kuwait-exchange-accelerated-book-build-in-record-timing\/","name":"EFG concludes Humansoft Holding\u2019s USD 226 mn Kuwait Exchange accelerated book build in record timing - 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We apologies for the mistake and the story has since been corrected on the\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":648846,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/13\/efg-hermes-concludes-advisory-on-sale-of-stakes-in-humansoft-and-edita\/","url_meta":{"origin":627194,"position":1},"title":"EFG Hermes concludes advisory on sale of stakes in Humansoft and Edita","author":"enterpriseam admin","date":"13 April 2017","format":false,"excerpt":"EFG Hermes concludes advisory on sale of stakes in Humansoft and Edita: EFG Hermes said in a statement yesterday that it has successfully concluded its advisory on two high-profile secondary stake sales, one for the GCC\u2019s largest tertiary education company and the other for Egypt\u2019s largest snack food player, Edita\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":650392,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/citigroup-efg-hermes-consultants-for-al-imtiaz-sale-of-10-of-humansoft\/","url_meta":{"origin":627194,"position":2},"title":"Citigroup, EFG Hermes consultants for Al Imtiaz sale of 10% of Humansoft","author":"enterpriseam admin","date":"22 March 2017","format":false,"excerpt":"Citigroup Global Markets Limited and EFG-Hermes UAE Limited were tapped by Kuwait\u2019s Al Imtiaz Investment Group as consultants to sell a minimum stake of 10% in Kuwait-based Humansoft Holding company, Al Borsa reports. Al Imtiaz owns 20.17% in Humansoft\u2019s shares.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624416,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/09\/eastern-company-to-pilot-governments-privatization-program-efg-to-manage-transaction\/","url_meta":{"origin":627194,"position":3},"title":"Eastern Company to pilot government\u2019s privatization program, EFG to manage transaction","author":"enterpriseam admin","date":"9 September 2018","format":false,"excerpt":"**#3 Eastern Company to pilot government\u2019s privatization program, EFG to manage sale: EFG Hermes was tapped to manage the first transaction in the state\u2019s reborn privation program, which will see the sale of additional 4.5% stake in cigarette maker Eastern Company on the EGX, Finance Minister Mohamed Maait said in\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":570245,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/efg-concludes-advising-on-ipo-of-saudi-healthcare-company-sulaiman-al-habib\/","url_meta":{"origin":627194,"position":4},"title":"EFG concludes advising on IPO of Saudi healthcare company Sulaiman Al Habib","author":"enterpriseam admin","date":"24 March 2020","format":false,"excerpt":"EFG concludes advisory on IPO of Saudi healthcare company Sulaiman Al Habib: Our friends at EFG Hermes acted as joint bookrunner on a USD 700 mn initial public offering by Dr. Sulaiman Al Habib Medical Group on the Saudi stock exchange, it said in a statement. Shares in the company\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":639022,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/the-latest-thomson-reuters-middle-eastern-ib-league-table-is-out-and-it-was-not-great-year-for-either-ipo-or-ma-activity\/","url_meta":{"origin":627194,"position":5},"title":"The latest Thomson Reuters Middle Eastern IB league table is out, and it was not great year for either IPO or M&#038;A activity","author":"enterpriseam admin","date":"19 October 2017","format":false,"excerpt":"The latest Thomson Reuters Middle Eastern IB league table is out, and it was not greatyear for either IPO or M&A activity. 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