{"id":627849,"date":"2018-06-13T04:25:48","date_gmt":"2018-06-13T04:25:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/heliopolis-housing-plans-to-sell-additional-shares-on-the-egx-by-years-end\/"},"modified":"2018-06-13T04:25:48","modified_gmt":"2018-06-13T04:25:48","slug":"heliopolis-housing-plans-to-sell-additional-shares-on-the-egx-by-years-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/heliopolis-housing-plans-to-sell-additional-shares-on-the-egx-by-years-end\/","title":{"rendered":"Heliopolis Housing plans to sell additional shares on the EGX by year\u2019s end"},"content":{"rendered":"<p><strong>IPO WATCH- State-owned Heliopolis Housing plans to sell additional shares on the EGX by year\u2019s end<\/strong>, <a href=\"http:\/\/almalnews.com\/Story\/379013\/11\/%C2%AB%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%84%D9%84%D8%A5%D8%B3%D9%83%D8%A7%D9%86%C2%BB-%D8%AA%D9%8F%D9%82%D8%B1%D8%B1-%D8%B7%D8%B1%D8%AD-%D8%AD%D8%B5%D8%A9-%D8%A5%D8%B6%D8%A7%D9%81%D9%8A%D8%A9-%D9%85%D9%86-%D8%A3%D8%B3%D9%87%D9%85%D9%87%D8%A7-%D8%A8%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9\">Al Mal reports<\/a>. The company is in the market for advisors on the offering now and, as a result, has yet to decide on the size or timing of the offering. Heliopolis\u2019 general assembly has set a 31 August deadline for the company\u2019s board of directors to present its final recommendation on the transaction. Public Enterprises Ministry officials <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/heliopolis-housing-could-list-as-much-as-30-more-shares-on-egx-bring-freefloat-up-to-57\/\">had said back in April<\/a> that the company was considering the sale of another 30% of its shares under the government\u2019s program to divest assets through share sales on the EGX.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPO WATCH- State-owned Heliopolis Housing plans to sell additional shares on the EGX by year\u2019s end, Al Mal reports. The company is in the market for advisors on the offering now and, as a result, has yet to decide on the size or timing of the offering. Heliopolis\u2019 general assembly has set a 31 August [&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-627849","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"109b5ee4-5729-47ce-9785-8a8be6b53cf5","order":"0","is_powered_by":true,"section_story_id":"e5ae757b-6355-4c8d-9c53-9c50e4949ba6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627836],"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>Heliopolis Housing plans to sell additional shares on the EGX by year\u2019s end - 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\/06\/13\/heliopolis-housing-plans-to-sell-additional-shares-on-the-egx-by-years-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heliopolis Housing plans to sell additional shares on the EGX by year\u2019s end\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- State-owned Heliopolis Housing plans to sell additional shares on the EGX by year\u2019s end, Al Mal reports. 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Public Enterprises Minister Hisham\u2026","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/325.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597495,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/heliopolis-housing-calls-shareholders-meeting-to-vote-on-management-contract\/","url_meta":{"origin":627849,"position":1},"title":"Heliopolis Housing calls shareholders meeting to vote on management contract","author":"enterpriseam admin","date":"29 July 2019","format":false,"excerpt":"HHD calls on shareholders to vote on handing company management to a private partner: State-owned real estate developer Heliopolis Housing has called an extraordinary general assembly meeting on 26 August to vote on handing the company\u2019s management to a private sector partner as part of the share sale process, 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\/2020\/2\/329.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592106,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/26\/hhd-secondary-offering-to-be-completed-before-may-2020\/","url_meta":{"origin":627849,"position":2},"title":"HHD secondary offering to be completed before May 2020","author":"enterpriseam admin","date":"26 December 2019","format":false,"excerpt":"PRIVATIZATION WATCH- HHD secondary offering to be completed before May 2020: Heliopolis Housing & Development (HHD) will take its secondary stake sale to market before May 2020, at which time it will have handed over the 10% stake + management rights of the company to a strategic investor, the local\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":596127,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/ni-capital-to-launch-bookrunner-tender-for-hhd-secondary-offering-in-september\/","url_meta":{"origin":627849,"position":3},"title":"NI Capital to launch bookrunner tender for HHD secondary offering in September","author":"enterpriseam admin","date":"19 August 2019","format":false,"excerpt":"IPO WATCH- NI Capital to launch bookrunner tender for HHD secondary offering next month: State-owned investment bank NI Capital is planning to issue a tender in September to choose the bookrunner for state-owned real estate developer Heliopolis Housing and Development\u2019s (HHD) planned secondary offering on the EGX, 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No\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\/348.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629761,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/heliopolis-housing-could-list-as-much-as-30-more-shares-on-egx-bring-freefloat-up-to-57\/","url_meta":{"origin":627849,"position":5},"title":"Heliopolis Housing could list as much as 30% more shares on EGX, bring freefloat up to 57%","author":"enterpriseam admin","date":"1 April 2018","format":false,"excerpt":"IPO WATCH- Heliopolis Housing & Development is considering the sale of another 30% of its shares under the government\u2019s IPO program, a Public Enterprises Ministry official tells Al Shorouk. 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