Prime Holding denies receiving acquisition offer

Updated 8/24/2022 11:23:00 AM

Arab FinancePrime Holding (PRMH) denied receiving any acquisition offer in the current period, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

It is worth noting that Prime Holding’s consolidated loss attributable to the parent company declined by 25.85% year-on-year (YoY) to EGP 27.799 million in the first half (H1) 2022.

Prime Holding is an EGX-listed company, which provides investments and financial services for corporations, institutions, government entities, and individuals within Egypt and abroad.