Zahraa El Maadi Investment and Development Company SAE cancelled the acquisition of 5% stake in Nasr Real Estate Development from Heliopolis Co. for Housing & Development.

Zahraa El Maadi Investment and Development Company SAE (CASE:ZMID) offered to acquire 5% stake in Nasr Real Estate Development from Heliopolis Co. for Housing & Development (CASE:HELI) for EGP 12 million on April 21, 2020.

Zahraa El Maadi Investment and Development Company SAE (CASE:ZMID) cancelled the acquisition of 5% stake in Nasr Real Estate Development from Heliopolis Co. for Housing & Development (CASE:HELI) on April 21, 2021.