April 19, 2018 / 8:03 AM / 4 months ago

BRIEF-Egypt's Pioneers Holding Plans To Invest EGP 2.9 Bln

April 19 (Reuters) - PIONEERS HOLDING COMPANY FOR FINANCIAL INVESTMENTS:

* PLANS TO INVEST EGP 2.9 BILLION DURING A YEAR

* WILL FINANCE INVESTMENT PLAN THROUGH EGP 1.8 BILLION DIVESTITURES

* REST WILL BE FINANCED THROUGH CAPITAL INCREASE OF EGP 1.1 BILLION

* AIMS TO LIST UPTO 40 PERCENT OF ROOYA REAL ESTATE SHARES IN H1 2018 Source:(bit.ly/2qID7W9) Further company coverage:

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