Omega Capital cuts stake in Marseilia Group

Updated 1/10/2022 1:56:38 PM

ArabFinance: Omega Capital Egypt has cut its stake in Marseilia Almasreia Alkhalegeya for Holding Investment (MAAL) to 20.84% from 21.26%, according to a disclosure filed to the Egyptian Exchange (EGX).

This came after Omega Capital has sold 300,000 shares in Marseilia for a total value of EGP 980,524, equivalent to EGP 3.268 per share.

Marseilia Group is an Egypt-based company engaged in real estate property investment, development, and management.