ArabFinance: Golden Coast Company (GOCO) stated that Ali Mahogub raised his stake in the company capital from 6.6894% to 12.0474%, according to the company's September 13th statement filed to the Egyptian Exchange.
Mahgoub purchased 918,998 shares at EGP 10.0761 per each, with a total amount of EGP 9,259,997.
In early July, the company’s board of directors decided to split the stock's par value from EGP 4 to 0.40 per share.
Established in 2004 and listed on EGX in 2013, Golden Coast operates within the consumer services sector, focusing on hotels, resorts, and cruise lines.
