{"id":635899,"date":"2017-12-17T04:03:19","date_gmt":"2017-12-17T04:03:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/"},"modified":"2017-12-17T04:03:19","modified_gmt":"2017-12-17T04:03:19","slug":"mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/","title":{"rendered":"MNHD obtains approvals to convert 30% of share capital into GDRs"},"content":{"rendered":"

<\/a> MNHD obtains approvals to convert 30% of share capital into GDRs: <\/strong>Madinet Nasr for Housing & Development (MNHD) has obtained approval from the Financial Regulatory Authority and the EGX approval to convert approximately 30% of its share capital into global depositary receipts, according to an emailed statement. The GDRs are expected to start trading on the London Stock Exchange by the end of this month. CI Capital<\/strong> is handling the GDR issuance and Zaki Hashem & Partners<\/strong> and Norton Rose Fulbright<\/strong> are the legal advisors on the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"

MNHD obtains approvals to convert 30% of share capital into GDRs: Madinet Nasr for Housing & Development (MNHD) has obtained approval from the Financial Regulatory Authority and the EGX approval to convert approximately 30% of its share capital into global depositary receipts, according to an emailed statement. The GDRs are expected to start trading on […]<\/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-635899","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"70166c44-bf4d-487a-a12f-d272e7c78225","order":"0","is_powered_by":true,"section_story_id":"8ab8e8ca-01d1-4376-95ce-6c178c3ea6fb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635883],"teaser":"","voice_url":""},"yoast_head":"\nMNHD obtains approvals to convert 30% of share capital into GDRs - 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\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MNHD obtains approvals to convert 30% of share capital into GDRs\" \/>\n<meta property=\"og:description\" content=\"MNHD obtains approvals to convert 30% of share capital into GDRs: Madinet Nasr for Housing & Development (MNHD) has obtained approval from the Financial Regulatory Authority and the EGX approval to convert approximately 30% of its share capital into global depositary receipts, according to an emailed statement. The GDRs are expected to start trading on […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-17T04:03:19+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\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MNHD obtains approvals to convert 30% of share capital into GDRs\",\"datePublished\":\"2017-12-17T04:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/mnhd-obtains-approvals-to-convert-30-of-share-capital-into-gdrs\/\",\"name\":\"MNHD obtains approvals to convert 30% of share capital into GDRs - 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