{"id":645753,"date":"2017-07-30T03:55:22","date_gmt":"2017-07-30T03:55:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/"},"modified":"2017-07-30T03:55:22","modified_gmt":"2017-07-30T03:55:22","slug":"rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/","title":{"rendered":"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO"},"content":{"rendered":"

<\/a> IPO WATCH-<\/strong> Rooya Real Estate Investment Company appears to have tapped Baker McKenzie\u2019s local partner, Helmy, Hamza & Partners, as legal adviser on the its IPO of 30% of its shares, sources tell Al Borsa<\/a>. The newspaper says Arab African International Bank has also been selected to advise on the IPO, but doesn\u2019t specify in what capacity. Grant Thornton will carry out the fair value assessment. Pioneers Holding, which currently owns 60% of Rooya, had said that it was in talks with investment banks<\/a> to decide on a lead manager for the IPO. The company expected the listing to take place by October.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO WATCH- Rooya Real Estate Investment Company appears to have tapped Baker McKenzie\u2019s local partner, Helmy, Hamza & Partners, as legal adviser on the its IPO of 30% of its shares, sources tell Al Borsa. The newspaper says Arab African International Bank has also been selected to advise on the IPO, but doesn\u2019t specify in […]<\/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-645753","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2d256db7-2cb2-433b-a4d9-088d7d0f8246","order":"0","is_powered_by":true,"section_story_id":"bff3d6ca-fab8-437e-95ea-89c761aac838","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645742],"teaser":"","voice_url":""},"yoast_head":"\nRooya taps Baker McKenzie subsidiary as legal adviser on IPO - 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\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Rooya Real Estate Investment Company appears to have tapped Baker McKenzie\u2019s local partner, Helmy, Hamza & Partners, as legal adviser on the its IPO of 30% of its shares, sources tell Al Borsa. The newspaper says Arab African International Bank has also been selected to advise on the IPO, but doesn\u2019t specify in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-30T03:55:22+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO\",\"datePublished\":\"2017-07-30T03:55:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/\"},\"wordCount\":112,\"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\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/\",\"name\":\"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-30T03:55:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO","og_description":"IPO WATCH- Rooya Real Estate Investment Company appears to have tapped Baker McKenzie\u2019s local partner, Helmy, Hamza & Partners, as legal adviser on the its IPO of 30% of its shares, sources tell Al Borsa. The newspaper says Arab African International Bank has also been selected to advise on the IPO, but doesn\u2019t specify in […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-07-30T03:55:22+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\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO","datePublished":"2017-07-30T03:55:22+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/"},"wordCount":112,"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\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/","name":"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-07-30T03:55:22+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/rooya-taps-baker-mckenzie-subsidiary-as-legal-adviser-on-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Rooya taps Baker McKenzie subsidiary as legal adviser on IPO"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":628519,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/07\/rooya-holdings-is-still-working-on-completing-regulatory-requirements-ahead-of-planned-ipo\/","url_meta":{"origin":645753,"position":0},"title":"Rooya Holdings is still working on completing regulatory requirements ahead of planned IPO","author":"enterpriseam admin","date":"7 May 2018","format":false,"excerpt":"IPO WATCH- Rooya Holding Investments is working on completing the regulatory requirements to move ahead with its planned IPO on the EGX, parent company Pioneers Holding said in a statement to the EGX yesterday (pdf). Reports had emerged last July that Rooya had filed to list 30% of its shares\u2026","rel":"","context":"In "Speed Round"","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":645522,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/rooya-in-talks-with-investment-banks-to-find-issuance-manager-for-october-ipo\/","url_meta":{"origin":645753,"position":1},"title":"Rooya in talks with investment banks to find issuance manager for October IPO","author":"enterpriseam admin","date":"24 July 2017","format":false,"excerpt":"IPO WATCH- Rooya Real Estate Investment Company is actively looking for an investment bank to lead its upcoming initial public offering, CEO Hisham Shoukry said on Sunday, according to Al Shorouk. Pioneers Holding, which currently owns 60% of Rooya, is looking to list half of its shares in the company\u2026","rel":"","context":"In "Speed Round"","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":650486,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/rooya-to-start-construction-at-egp-300-mn-hadaba-project-to-ipo-in-1h17\/","url_meta":{"origin":645753,"position":2},"title":"Rooya to start construction at EGP 300 mn Hadaba project, to IPO in 1H17","author":"enterpriseam admin","date":"26 March 2017","format":false,"excerpt":"Rooya Real Estate Development is set to IPO in1H17, possibly listing around 30% of its shares, chairman Hisham Shoukri told Al Mal. The company tapped Grant Thornton as financial advisor to prepare the fair value report, while Baker McKenzie is the legal advisor. Pioneers Holding, which holds 60% of Rooya\u2019s\u2026","rel":"","context":"In "Speed Round"","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":635955,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/pioneers-holding-plans-to-list-40-of-rooya-in-1h2018\/","url_meta":{"origin":645753,"position":3},"title":"Pioneers Holding plans to list 40% of Rooya in 1H2018","author":"enterpriseam admin","date":"18 December 2017","format":false,"excerpt":"IPO WATCH- Pioneers Holding plans to list 40% of its subsidiary Rooya Real Estate Investment Company on the EGX in 1H2018, Pioneers CEO Walid Zaki told Reuters on Sunday. Last we heard of this IPO was back in July, when reports emerged that Rooya had filed to list. It had\u2026","rel":"","context":"In "Speed Round"","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":645811,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/rooya-reportedly-files-for-listing\/","url_meta":{"origin":645753,"position":4},"title":"Rooya reportedly files for listing","author":"enterpriseam admin","date":"31 July 2017","format":false,"excerpt":"IPO WATCH: Rooya Real Estate Investment Company reportedly filed yesterday to list its shares on the EGX, according to Al Borsa. As we noted yesterday, the firm has tapped Helmy and AAIB as advisor, though it is not yet clear if a lead manager of the listing has been chosen.","rel":"","context":"In "Speed Round"","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":645400,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/pioneers-holding-to-list-30-its-shares-in-rooya-real-estate-on-egx\/","url_meta":{"origin":645753,"position":5},"title":"Pioneers Holding to list 30% its shares in Rooya Real Estate on EGX","author":"enterpriseam admin","date":"19 July 2017","format":false,"excerpt":"IPO WATCH- Pioneers Holding is set to list 30% of its shares in Rooya Real Estate Investment Company on the EGX in 2H17, board member Khaled El Tayeb tells Reuters. Arab African International Bank was selected to advise on the listing and a local and an international issuance manager will\u2026","rel":"","context":"In "Speed Round"","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\/645753","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=645753"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645753\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645742"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645753"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645753"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}