{"id":651683,"date":"2017-02-19T04:06:19","date_gmt":"2017-02-19T04:06:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/"},"modified":"2017-02-19T04:06:19","modified_gmt":"2017-02-19T04:06:19","slug":"mm-group-to-list-shares-in-march-beltone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/","title":{"rendered":"MM Group to list shares in March -Beltone"},"content":{"rendered":"

IPO Watch-<\/strong> MM Group for Industry and International Trade will list 25% of its shares on the EGX in March, Beltone Financial investment banking\u2019s Mohamed El Akhdar told Al Mal<\/a>. El Akhdar says EFSA has approved a fair value assessment for the company of EGP 6.75 per share, giving MM Group a total value of EGP 2.7 bn. He added that 80% of the listing will be marketed to institutions, with the balance comprising a retail offering. MM Group had said last June<\/a> it was looking to raise EGP 400 mn from floating 25% of subsidiary MTI on the EGX. In December<\/a>, however, sources told Al Mal MM Group will float 30%-40% of its shares on the EGX in 1Q2017. Beltone Financial is managing the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO Watch- MM Group for Industry and International Trade will list 25% of its shares on the EGX in March, Beltone Financial investment banking\u2019s Mohamed El Akhdar told Al Mal. El Akhdar says EFSA has approved a fair value assessment for the company of EGP 6.75 per share, giving MM Group a total value of […]<\/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-651683","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2c6acb1e-90e1-4137-bac1-565d7f3436e7","order":"0","is_powered_by":true,"section_story_id":"961f101b-8983-498f-a1d3-3af80098627d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[651672],"teaser":"","voice_url":""},"yoast_head":"\nMM Group to list shares in March -Beltone - 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\/02\/19\/mm-group-to-list-shares-in-march-beltone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MM Group to list shares in March -Beltone\" \/>\n<meta property=\"og:description\" content=\"IPO Watch- MM Group for Industry and International Trade will list 25% of its shares on the EGX in March, Beltone Financial investment banking\u2019s Mohamed El Akhdar told Al Mal. El Akhdar says EFSA has approved a fair value assessment for the company of EGP 6.75 per share, giving MM Group a total value of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-19T04:06:19+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\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\/02\/19\/mm-group-to-list-shares-in-march-beltone\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MM Group to list shares in March -Beltone\",\"datePublished\":\"2017-02-19T04:06:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/\"},\"wordCount\":129,\"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\/02\/19\/mm-group-to-list-shares-in-march-beltone\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/\",\"name\":\"MM Group to list shares in March -Beltone - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-02-19T04:06:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/mm-group-to-list-shares-in-march-beltone\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MM Group to list shares in March -Beltone\"}]},{\"@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":"MM Group to list shares in March -Beltone - 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\/02\/19\/mm-group-to-list-shares-in-march-beltone\/","og_locale":"en_US","og_type":"article","og_title":"MM Group to list shares in March -Beltone","og_description":"IPO Watch- MM Group for Industry and International Trade will list 25% of its shares on the EGX in March, Beltone Financial investment banking\u2019s Mohamed El Akhdar told Al Mal. 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Final pricing on the transactions will be set after the international offer closes on Tuesday, 4 April, three days before the Egyptian public offering closes\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":649939,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/mm-group-files-ipo-request-with-egx-to-float-30-of-shares\/","url_meta":{"origin":651683,"position":1},"title":"MM Group files IPO request with EGX, to float 30% of shares","author":"enterpriseam admin","date":"13 March 2017","format":false,"excerpt":"IPO WATCH- Law firm Zaki Hashem & Partners has filed a formal request on behalf of MM Group for Industry and International Trade to float 30% of its shares on the EGX at EGP 6.06 per share, firm partner Helal El Hossary tells Al Borsa. The Group\u2019s is one of\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":648355,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/ipo-watch-misr-italia-mm-group\/","url_meta":{"origin":651683,"position":2},"title":"IPO Watch: Misr Italia, MM Group","author":"enterpriseam admin","date":"2 April 2017","format":false,"excerpt":"IPO Watch: Real estate developer Misr Italia Group is looking to list 20-25% of its shares in an IPO sometime in May, co-CEO Mohamed El Assal told Bloomberg on Saturday. The company is hoping to raise EGP 1.5 bn from the sale and will use the proceeds to complete some\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":648801,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/mm-group-shares-start-trading\/","url_meta":{"origin":651683,"position":3},"title":"MM Group shares start trading","author":"enterpriseam admin","date":"12 April 2017","format":false,"excerpt":"Shares of MM Group (MTIE.CA) rose 8.2% in their EGX debut yesterday, closing at EGP 6.45, Al Borsa reports. The stock hit an intraday high of EGP 6.70. Investment Minister Sahar Nasr was on hand for the ringing of the bell to start trading. Beltone Investment Banking was the sole\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\/2017\/4\/508.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634694,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/beltone-financial-has-two-ipos-in-pipeline-for-this-year\/","url_meta":{"origin":651683,"position":4},"title":"Beltone Financial has two IPOs in pipeline for this year","author":"enterpriseam admin","date":"22 January 2018","format":false,"excerpt":"IPO WATCH- Beltone Financial has two IPOs in the pipeline for potential execution this year, one each in the consumer goods and industrial sectors, head of investment banking Mohamed El Akhdar tells Al Borsa. One of the companies is currently in the final phases of an acquisition in preparation for\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":650305,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/mm-group-files-itf-to-sell-30-stake-in-company\/","url_meta":{"origin":651683,"position":5},"title":"MM Group files ITF, to sell 30% stake in company","author":"enterpriseam admin","date":"21 March 2017","format":false,"excerpt":"MM Group filed its public subscription notice for a local offering yesterday, announcing it will offer 118.8 mn shares, representing a 30% stake in the company on the EGX for a maximum price of EGP 6.06 per share. 85% of the offering, representing some 100.98 mn shares, will be earmarked\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\/651683","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=651683"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/651683\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/651672"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=651683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=651683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=651683"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=651683"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=651683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}