Bonyan appoints Baker Tilly to determine share value ahead of IPO

Updated 1/27/2025 9:07:00 AM
Bonyan appoints Baker Tilly to determine share value ahead of IPO

Arab Finance: Bonyan, an independent real estate investment company, has appointed Baker Tilly as its independent financial advisor to assess the fair value of its shares in preparation for its anticipated initial public offering (IPO) on the Egyptian Exchange (EGX), Hapi Journal reported.

The company plans to convene its executive management soon to discuss its future strategy and disclose details regarding the upcoming IPO within the first half (H1) of 2025.

Earlier this month, Bonyan secured approval to be listed on the EGX under the ticker symbol "BONY.CA."

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