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Raya Holding for Financial Investment SAE (RAYA.CA)

RAYA.CA on Cairo Stock Exchange

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25 May 2017
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Latest Key Developments (Source: Significant Developments)

Raya Holding acquires MADOVA Co for $2.9 mln
Sunday, 16 Oct 2016 09:27am EDT 

Raya Holding Company for Technology and Telecommunication : Says signed deal to acquire 100 percent of MADOVA Co for $2.9 million including expenses Source: (http://bit.ly/2dY40SQ) Further company coverage: [RAYA.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Raya Holding board approves negotiations to buy a food manufacturing project
Thursday, 13 Oct 2016 05:04am EDT 

Raya Holding Company For Technology And Telecommunication Sae :board approves negotiations to buy a food manufacturing project, says will study terms of deal.  Full Article

Raya Holding signs prelim. deal to buy 19.39 pct in Makarony Polskie
Tuesday, 30 Aug 2016 10:44am EDT 

Makarony Polskie SA : Egypt-based Raya Holding for Technology & Telecommunications S.A.E.(Raya Holding) signs preliminary agreement to buy 19.39 percent stake (1,793,406 shares) in Makarony Polskie from BEWA Sp. z o.o. . Under the agreement BEWA will raise capital of special purpose unit (SPV), MADOVA Sp. z o.o., and transfer 1,793,406 shares of Makarony Polskie to SPV . Subsequently, Raya Holding will acquire 100 pct in MADOVA Sp. z o.o. for about 11.4 million zlotys ($2.9 million) .Informed about negotiations for sale of 19.39 percent stake to Raya Holding on June 9 [nFWN19103X] and June 15 [nL8N1980IM].  Full Article

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