An unknown buyer acquired 8.6% stake in Arab Engineering Industries (CASE:EEII) from Arab Moltaqa Investments Company (CASE:AMIA) for EGP 15.3 million on October 13, 2020. As per terms of transaction, Arab Moltaqa Investments Company sold 14.32 million shares at EGP 1.07 per share. Post completion, Arab Moltaqa Investments Company will hold 39.42% stake in Arab Engineering Industries.

An unknown buyer completed the acquisition of 8.6% stake in Arab Engineering Industries (CASE:EEII) from Arab Moltaqa Investments Company (CASE:AMIA) on October 13, 2020.