Saudi sovereign fund raises its stake in Egyptian Rameda by LE135.2M

Tue, 26 Apr 2022 - 06:51 GMT

The seventh investment Company has purchased 65 million shares of “Rameda” with a total value of LE 135.2 million, at an average purchase price of LE 2.08 per share.

Rameda expects to hit operating profits of LE255M in 2019

Mon, 27 Jan 2020 - 11:52 GMT

Ramida added that during the last quarter of 2019, the adjusted operating profits before tax, interest, depreciation and amortization decreased 2 percent.

Trading on Rameda starts Wednesday

Wed, 11 Dec 2019 - 03:12 GMT

Trading commenced on Rameda (RMDA.CA) with a celebration of company number 215 on EGX’s main market platform.

Rameda’s IPO oversubscribed 117%: CI Capital

Wed, 04 Dec 2019 - 02:27 GMT

The Company referred that the IPO will be closed on Wednesday, Dec. 4.

Rameda floats 49% of its shares, hopes to raise LE 1.755B

Wed, 27 Nov 2019 - 12:43 GMT

Rameda said that trading will be made in two tranches and will be priced at LE 4.66 per share.