Arab Finance: Speed Medical Company (SPMD) has completed the sale of its 30% stake, representing 30,000 shares, in Prime Speed Medical Services Company, according to a statement filed to the Egyptian Exchange (EGX) on July 7th.
On November 18th, the company’s board of directors approved exiting from Prime Speed Medical Services Company, as well as agreed on the full exit from Misr Labs company.
Established in December 2015 and listed on the EGX in March 2019, Speed Medical is a Cairo-based company that operates in the healthcare sector.